Definition of penny-whip in English:

penny-whip

(also penny-wheep)

noun

Irish English, English Regional, Scottish, Northern
rare
  • A thin weak beer originally sold at a penny a bottle.

Origin

Late 18th century; earliest use found in Robert Burns (1759–1796), poet. Origin uncertain; the first element is apparently penny; the second element is perhaps imitative.

Pronunciation

penny-whip

/ˈpɛnɪwɪp/