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parsimony

   Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson 0.01 sec.
par·si·mo·ny  (pärs-mn)
n.
1. Unusual or excessive frugality; extreme economy or stinginess.
2. Adoption of the simplest assumption in the formulation of a theory or in the interpretation of data, especially in accordance with the rule of Ockham's razor.

[Middle English parcimony, from Latin parsimnia, from parsus, past participle of parcere, to spare.]

parsimony [ˈpɑːsɪmənɪ]
n
(Economics, Accounting & Finance / Banking & Finance) extreme care or reluctance in spending; frugality; niggardliness
[from Latin parcimōnia, from parcere to spare]
parsimonious  [ˌpɑːsɪˈməʊnɪəs] adj
parsimoniously  adv
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.parsimony - extreme care in spending money; reluctance to spend money unnecessarily
frugality, frugalness - prudence in avoiding waste
2.parsimony - extreme stinginess
stinginess - a lack of generosity; a general unwillingness to part with money
littleness, pettiness, smallness - lack of generosity in trifling matters
miserliness - total lack of generosity with money

parsimony
noun (Formal) meanness, tightness, penny-pinching (informal), frugality, nearness (informal), stinginess, miserliness, niggardliness, minginess (Brit. informal) Due to the parsimony of the local council, only one machine was built.
Translations
parsimony [ˈpɑːsɪmənɪ] Nparquedad f, excesiva frugalidad f
parsimony
nGeiz m
parsimony [ˈpɑːsɪmənɪ] nparsimonia
parsimony [ˈpɑːsɪmənɪ] nparsimonia


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? Mentioned in ? References in classic literature
 
Parsimony is one of the best, and yet is not innocent; for it withholdeth men from works of liberality and charity.
The security of all would thus be subjected to the parsimony, improvidence, or inability of a part.
She meant this for a stab at Miss Miranda's parsimony, remembering the four spare chambers, closed from January to December; but Rebecca thought it was intended as a suggestion.
 
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