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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 26, 2010
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When a male puts a coin up his ass to add pleasure while choking his chicken. There is something about the metals in coins that sends of the correct endorphins for pleasure.
That guy is a pennypounder, although when he wants a super load, hell use a half-dollar
by sssuperwxman April 14, 2010
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