In Mexico, this term is used to describe a woman so poor she bends over to pick up a "dropped" penny allowing instant access to the glory hole.
Joe: "Hey, I bet if I strategically place this penny, that Mexican chick will bend over to pick it up and I can bang that shit all night!"

Bob: "Yeah, she's such a Penny Pounder. I bet her glory hole is amazing!"
by SloppyHoe November 27, 2010
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For when you want to make a bet that you will likely lose, but you won’t be out much if you do.
“How much do you think he gets paid for that?”
“Just throwing pennies in a bowl, I’d say not enough.”
by H1234545 June 28, 2018
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Penny Chavez. A person who is always on crack very crazy. She can be a very chaotic person but everyone still loves her. Penny is the real icon.
Penny Chavez why are your eye red?
by carolthmenace December 15, 2021
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A goblin that steals your pennies if you drop them.
Goddamn penny goblin done stole ma penny!
by CrimsonWarrior December 15, 2020
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A gay jew who tries to hide his feelings. Often times the person has a abnormally big nose and small ears.
Did you see Sam today? He is still denying the fact that he's a penny grabber!
by Nah_Chill_J January 4, 2017
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Someone who acts like a big stock trader but really only make small profits
Jerry is such a penny flipper he only invests in tiny brands
by Ottoman Empire enjoyer August 3, 2022
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A Penny Spot is an area where junkies scrape for change or pander to buy drugs
“You hear about that hobo that stabbed tourists at the Penny Spot?”
by AFH2w00ly December 2, 2022
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