Definition, Meaning & Synonyms
parsimony
noun
/ˈpärsəˌmōnē/
Definition
The quality of being unwilling to spend money or use resources; extreme frugality.
Examples
- Her parsimony was evident in the way she meticulously budgeted every expense.
- Despite his wealth, he lived in a state of parsimony, rarely indulging in luxuries.
Meaning
Parsimony refers to the principle of being very careful with money or resources, avoiding wastefulness and excessive spending.
Synonyms
- frugality
- thrift
- stinginess
- economy
- meanness
