parsimony definition

  • noun:
    • Unusual or excessive frugality; extreme economic climate or stinginess.
    • Adoption associated with simplest presumption in the formulation of a theory or in the interpretation of data, particularly in accordance using the rule of Ockham's razor.
    • Great reluctance to invest cash unnecessarily.
    • By analogy from (1), concept of using minimal resources or explanations to solve difficulty.
    • Closeness or sparingness into the expenditure of income; -- generally speaking in a bad good sense; excessive frugality; niggardliness.
    • Sparingness in use or expenditure of means; mostly, extortionate or unnecessary economy; stinginess; niggardliness.
    • Synonyms Stinginess, niggardliness, penuriousness. See penurious.
    • extreme stinginess
    • severe treatment in spending-money; reluctance to invest cash needlessly

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