Penny is a popular unisex name that is of English origin, meaning "weaver" or "spinner". It is often used as a nickname for girls named Penelope. The name Penny is simple yet charming, making it a timeless choice for parents looking for a traditional name. People named Penny are typically described as friendly, caring, and optimistic individuals who bring a sense of warmth and positivity wherever they go. Overall, Penny is a lovely name that suits a variety of personalities and is sure to make a lasting impression.