the GNU version of the Collaborative International Dictionary of English
noun-plural. An instrument having two handles and two grasping jaws working on a pivot; -- used for griping things to be held fast, drawing nails, etc.
The Century Dictionary and Cyclopedia
n. Same as pincers.
n. A tool for splicing wire rigging.
Word Usage
"Now, not surprisingly, the suggestion that Jews are excellent penny pinchers, which is an old stereotype, offended many and triggered a wave of denunciations."