Definition of pennyland in English:

pennyland

noun

Scottish
historical
  • In Orkney, Caithness, and Shetland: a division of land on which a tax of one silver penny was owed to the overlord (probably originally the king of Norway), comprising one eighteenth of a urisland. Also: (in the Hebrides and parts of the western mainland) a similar division of land equal to one twentieth of a tirung or ounceland.

Origin

Middle English (in an earlier sense). From penny + land.

Pronunciation

pennyland

/ˈpɛnɪland/