Meaning of catchpenny

catch•pen•ny

Pronunciation: (kach'pen"ē), [key]
— adj., n., pl. -nies.
—adj.
  1. made to sell readily at a low price, regardless of value or use.
—n.
  1. something that is catchpenny.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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