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“In for a penny, in for a pound”: meaning, origin and examples

In for a penny, in for a pound

What it means

The phrase In for a penny, in for a pound means that if you have started something or committed to a decision, you should follow through with it completely, even if it means taking on more significant commitment or risk.

Tone The tone of the phrase is one of determination and resolve, suggesting a willingness to fully commit to a course of action.

Where it comes from

The phrase originates from old British currency, where a pound was a larger denomination than a penny. It implies that once you’re involved in a small way (a penny), you may as well be involved fully (a pound). It dates back to at least the 17th century.

Examples

  • I’ve already spent so much time on this project; in for a penny, in for a pound.
  • We might face some risks by expanding the business, but in for a penny, in for a pound.

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