Syllable division derived from spelling — this word is not in the pronouncing dictionary, so no phonetic transcription is shown rather than a guessed one.
penn'orth is a noun meaning "the amount that can be bought for a penny". It carries one recorded sense.
the amount that can be bought for a penny
Definitions, synonyms and semantic relations for penn'orth come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.