Term of endearment from Penny and other people (5)
I believe the answer is:
petal
'term of endearment' is the definition.
(I've seen this before)
'penny and other people' is the wordplay.
'penny' becomes 'p'.
'and other people' becomes 'etal' (abbreviation for 'et alia' Latin for 'and others').
'p'+'etal'='PETAL'
'from' is the link.
(Other definitions for petal that I've seen before include "Small seal set in a ring" , "Part of a flowers corolla" , "part of seven [VIOLA]" , "A bit of flower" , "Bit of blooming" .)