From the Greek root Penelope, (meaning Weaver)from "pene". Mythology: Penelope, wife of Odysseus, fended off suitors by weaving during the day and unraveling at night a tapestry she said had to be completed before she would wed another husband. The name has come to signify a loyal, capable, and clever woman. The name is also possibly derived from the Greek name "penelops" for a kind of duck that was said to have rescued and nurtured Penelope when she was exposed to die as an infant.
Penelope has 8 variant forms: Pen, Penelopa, Penina, Penna, Pennelope, Penney, Pennie and Penny.
Penny from the Greek root Penelope