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penniless

/ˈpɛ.nɪ.ləs/ adjective

adjective Definition from Wiktionary (CC BY-SA). Pronunciation from Wiktionary, via Kaikki.org. More about penniless at Wordnik → Where our words come from →

  1. Lacking even the smallest amount of money.
    In societies without national insurance of any kind, almshouses are the last refuge of penniless people.
  2. Of a country's system of money, abstaining from the use of penny coins, despite having fully decimalized currency, by means of rounding of cash transactions (but not necessarily of cashless ones).
    Canada became a penniless country in 2013 simply by rounding its cash transactions to the nearest nickel but otherwise not changing anything.

Origin

From Middle English penyles, penylees; equivalent to penny + -less. Compare Old Norse penningalauss (“penniless”).

From Wiktionary, via Kaikki.org (CC BY-SA)