indicating a penny or pence, is the initial letter of the Latin denaʹrius, a silver coin equal to 8 3/4d. during the commonwealth of Rome, but in the Middle Ages about equivalent to our penny. The word was used by the Romans for money in general.
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Entry taken from Dictionary of Phrase and Fable, edited by the Rev. E. Cobham Brewer, LL.D. and revised in 1895.