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P/Parsimony
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Parsimony

The quality of being extremely frugal or stingy; the tendency to spend as little as possible.

noun
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Imagine This

There was a rich man who was a miser; he only ate parsnip from his garden for meals.

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Sounds Like

par-SIM-uh-nee

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Looks Like

Parsnip

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Remember This

From Latin parsimonia meaning frugality, from parsus meaning sparing; extreme thrift is usually negative.

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Other Forms

parsimoniousadjective
parsimoniouslyadverb
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Connect With

frugality, thrift, Miserliness, stinginess, economy

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Note

Parsimony describes excessive frugality, not prudent budgeting. The adjective is parsimonious and the adverb parsimoniously.

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Study Deeper

Examples
  • His parsimony kept him from donating to the charity, even after he inherited a fortune.
  • The budget was criticized for its parsimonious allocations that left essential programs underfunded.
Synonyms
miserlinessstinginessfrugalitypenuriousness
Antonyms
generositylavishnessextravagance
Etymology

From Old French parsimonie, from Latin parsimonia 'frugality', from parsus 'sparing' (related to parcere 'to spare').

Mnemonic

Mnemonic: Pare money — pare (cut back) your spending to save money.