(aka Abe Lincolning) The process of pretending to drop a penny on the ground, turning around, and getting on one's knees to "pick it up" in order to achieve the act of performing a blowjob on the person walking directly behind you (can be used to reference any blowjobs performed as well).
She is the best at dropping a penny, her nickname is the US Treasury

I met this chick at a party last night. She totally dropped a penny on me.

I drop pennies 24/7

You just got lincolned!
by Penny Dropper January 20, 2011
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to have (preferably loud and nasty) sex.
"we went back to his and dropped pennies, it was amazing."
"aw fuck no, there's no way they're dropping pennies again LET ME FUCKING SLEEP?!??"
"are u guys a thing yet or do u just drop pennies?"
by aurkayyyyy February 19, 2023
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The act of spreading false information, gossip, rumors, and bullshit to defame a person’s character.
Aunt Shirley is going around dropping ten pennies on her nephew to try to smear his good name.
by King Krilla September 23, 2022
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