parsimony

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

Noun

Formal extreme caution in spending [Latin parcimonia]

parsimonious adj

Thesaurus

Noun	1.	parsimony - extreme care in spending money; reluctance to spend money unnecessarily parsimoniousness, penny-pinching, thrift frugality, frugalness - prudence in avoiding waste
	2.	parsimony - extreme stinginess minginess, niggardliness, niggardness, tightfistedness, meanness, parsimoniousness, closeness, tightness 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