pennies on the dollar

Fraction of value

Pennies on the dollar describes paying or receiving a small fraction of something's full value: The company's assets were sold for pennies on the dollar after the bankruptcy.

The phrase emphasizes how drastically reduced a price or settlement is—literally just a few cents for every dollar originally owed or worth.

Related

deal · sale · yard sale · garage sale · estate sale · debt settlement · fire sale · liquidation · insolvency · auction · write-down · price · clearance · foreclosure · markdown · cost · depreciation · financial hardship

Opposites
price relative to value

pennies on the dollarfull price

Amount without reductions

top dollar · retail price · face value · asking price · sticker price

financial outcome/deal quality

pennies on the dollarhighway robbery

Outrageously excessive charge

ripped off · gouged · fleeced · overcharged · price gouging

financial outcome

pennies on the dollarbreaking the bank

Exhausting financial resources completely

overpaying · shelling out · splurging

Family

pennies, dollar, dollars

Familiarity
Top 200,000
Profile
Mostly American · Timeless · Everyday, not technical · Rated G