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used to describe a particular individual, whether male or female, who is so easy, they would have sex with anything or anybody for just a mere penny.
Guy1: Dude, how about her?
Guy2: Maybe, she's like the bicycle everyone's rode though...and besides I don't keep change on me.
Guy1: Ah, my bad guy, forgot she was a pennyfuck.
by Filthy Chicken May 19, 2010
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