👉 "Twelve Penny Bank" is a phrase that refers to the practice of selling goods at a discount or on sale in a store called a "twelve penny bank." It is often used by small businesses, such as convenience stores or gas stations, to attract customers during busy seasons or to provide a lower price point for their products. The term comes from the British slang phrase "twelve pence," which means 10 cents, and it was adopted by American retailers in the early