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!"
Bob: "Yeah, she's such a Penny Pounder. I bet her glory hole is amazing!"
by SloppyHoe November 27, 2010