"penny loafer" meaning in English

{
  "forms": [
    {
      "form": "penny loafers",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "penny loafer (plural penny loafers)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        {
          "kind": "other",
          "name": "English entries with incorrect language header",
          "parents": [
            "Entries with incorrect language header",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "English entries with topic categories using raw markup",
          "parents": [
            "Entries with topic categories using raw markup",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "other",
          "name": "English terms with non-redundant non-automated sortkeys",
          "parents": [
            "Terms with non-redundant non-automated sortkeys",
            "Entry maintenance"
          ],
          "source": "w"
        },
        {
          "kind": "topical",
          "langcode": "en",
          "name": "Footwear",
          "orig": "en:Footwear",
          "parents": [
            "Clothing",
            "Human",
            "All topics",
            "Fundamental"
          ],
          "source": "w"
        }
      ],
      "glosses": [
        "A leather loafer with an ornamental slotted leather band across the top where a coin is often placed."
      ],
      "id": "en-penny_loafer-en-noun-jVHvG5hW",
      "links": [
        [
          "loafer",
          "loafer"
        ]
      ]
    }
  ],
  "sounds": [
    {
      "rhymes": "-əʊfə(ɹ)"
    }
  ],
  "word": "penny loafer"
}

{
  "forms": [
    {
      "form": "penny loafers",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
    {
      "args": {},
      "expansion": "penny loafer (plural penny loafers)",
      "name": "en-noun"
    }
  ],
  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
  "senses": [
    {
      "categories": [
        "English countable nouns",
        "English entries with incorrect language header",
        "English entries with topic categories using raw markup",
        "English lemmas",
        "English multiword terms",
        "English nouns",
        "English terms with non-redundant non-automated sortkeys",
        "Rhymes:English/əʊfə(ɹ)",
        "Rhymes:English/əʊfə(ɹ)/4 syllables",
        "en:Footwear"
      ],
      "glosses": [
        "A leather loafer with an ornamental slotted leather band across the top where a coin is often placed."
      ],
      "links": [
        [
          "loafer",
          "loafer"
        ]
      ]
    }
  ],
  "sounds": [
    {
      "rhymes": "-əʊfə(ɹ)"
    }
  ],
  "word": "penny loafer"
}