1. When you stick a penny in your ass so that through the circulation of money, random people in society will have been in you ass. See also pooh-dollar.
1. I've been sticking $30 in pennies up my ass for the past 11 years! That's 3,000 pennies a day; 21,000 pennies a week; 1,092,000 pennies a year! To date that's 12,012,000 pennies, 8 times the population of Nebraska. Those pennies were in my ass! You think you're better than me? Oh, you're not better than me. You handle my ass pennies everyday. You pick up my ass pennies for good luck. You throw my ass pennies in fountains and make wishes on them. You give my ass pennies to your little daughter to buy gumballs with.

2. Don't touch that, i think it is one of Micah's ass pennies.
by yo mamma February 22, 2005
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Origin: Upright Citizens Brigade ucb skit-term

Meaning: Used to describe pennies that are inserted into one's ass en masse and then distributed among the world in order to maintain the upper hand in negotiations.
You think you're better than me? You've handled my ass pennies.
by Eberon May 24, 2004
Noun, Pennies of US currency that have been in the rectum of someone voluntarily placing them there, and then returning the soiled pennies back into active circulation. Very anarchist/chaotic, but uncivil and immature.
"Jerry just paid that lady at the gas station with 2 of his asspennies.
by TSquent January 09, 2008
The act of putting pennies in your ass crack and then spending said pennies in order to gain the upper hand on others.
John totally owned the cashier at K-Mart by giving him an Ass Penny.
by IT DEC October 06, 2009
A man that is both an asshole and a penny pincher.
"That guy didn't even pay for his own lunch. He is such an asspenny."
by rockstar1679 May 31, 2009
The lowest common denominator of ass-product. Smallest measure of a piece of shit.
He's not even a piece of shit, he's just an asspenny!
by Jonas VanSpreckles May 01, 2007
Pennies that have been stored in ones butt for indeterminite amount of time.
He was surrounded by thugs, Bill knew that he had only one chance...his ass pennies.
by Wags June 16, 2003
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