Parsimony

PAR-suh-moh-nee

Definition

  1. (noun) Extreme or excessive unwillingness to spend money or use resources.

Example

His parsimony was so extreme that he reused paper towels to save a few cents.

Fun Fact

While often used negatively, parsimony has a place in science too—Occam’s Razor is a principle of parsimony, suggesting the simplest explanation is usually best. In everyday life, though, it’s usually a warning against being so frugal it becomes unreasonable or absurd.

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