pen'ny an'te1. Cards.
a game of poker in which the ante or basic bet is one cent.
any business arrangement or transaction involving a trifling or paltry sum of money.
pen•ny-an•tePronunciation: (pen'ē-an'tē), [key]
involving a trifling sum of money; small in amount: a penny-ante investment.
inconsiderable; minor; small-time.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.