Definition of "new penny" []

• See penny. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• "Anyway, Casey comes in bright as a new penny and says she wants me to merge with Hed-Opticals which she says grossed $277,600 last year, and then together, we'd go after Randolf Opti-cals, the granddaddy of them all — 53 million in sales, quoted on the Big Board, a huge slice of the lens market and lots of cash in the bank — and I said you're crazy but why Randolf?"
• "Then they went down to dinner, and not a word more was said that evening about the new penny by Mr. Palliser."