Definition of penny bank:
		
		
		(n) :
		
		a flag normally used by naval vessels to represent a special condition: as; a flag representing the championship of a 
baseball league
		 
								
				"the broad pennant flown by commodores"
			
	 
 
 
	
		
		
		Definition of penny bank:
		
		
		(n) :
		
		a flag normally used by naval vessels to represent a special condition: as; a flag representing the championship of a 
baseball league
		 
								
				"the broad pennant flown by commodores"