parsimony

parsimony
parsimony par‧si‧mo‧ny [ˈpɑːsɪməni ǁ ˈpɑːrsˌmoʊni] noun [uncountable] formal
extreme unwillingness to spend money:

• The gap between government parsimony and the needs of sport is filled by commercial sponsorship.

— parsimonious adjective :

• Some accuse the government of being too parsimonious in financing education

— parsimoniously adverb

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parsimony UK US /ˈpɑːsɪməni/ US  /ˈpɑrsɪməʊni/ noun [U] FORMAL DISAPPROVING
unwillingness to spend money or to give things to people: »

There is no excuse for such corporate parsimony over staff salaries.

parsimonious adjective
»

The government has been parsimonious in its spending on the arts.


Financial and business terms. 2012.

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  • Parsimony — is a less is better concept of frugality, economy, stinginess or caution in arriving at a hypothesis or course of action. The word derives from Middle English parcimony , from Latin parsimonia , from parsus , past participle of parcere : to spare …   Wikipedia

  • Parsimony — Par si*mo*ny, n. [L. parsimonia, parcimonia; cf. parcere to spare, parsus sparing: cf. F. parcimonie.] Closeness or sparingness in the expenditure of money; generally in a bad sense; excessive frugality; niggardliness. Bacon. [1913 Webster] Awful …   The Collaborative International Dictionary of English

  • parsimony — parsimony, parsimonious The principle that the best statistical model among all satisfactory models is that with the fewest parameters. Hence, more generally, the principle which asserts that if it is possible to explain a phenomenon equally… …   Dictionary of sociology

  • parsimony — (n.) early 15c., from L. parsimonia sparingness, frugality, from pars , stem of parsi, perf. tense of parcere to spare, save + monia, suffix signifying action, state, or condition …   Etymology dictionary

  • parsimony — ► NOUN ▪ extreme unwillingness to spend money or use resources. DERIVATIVES parsimonious adjective. ORIGIN Latin parsimonia, parcimonia, from parcere be sparing …   English terms dictionary

  • parsimony — [pär′sə mō΄nē] n. [ME parcimony < L parcimonia < parcere, to spare: akin to (com)pescere, to enclose, limit] a tendency to be over careful in spending; unreasonable economy; stinginess …   English World dictionary

  • Parsimony — (Roget s Thesaurus) < N PARAG:Parsimony >N GRP: N 1 Sgm: N 1 parsimony parsimony parcity| Sgm: N 1 parsimoniousness parsimoniousness stinginess &c. >Adj. Sgm: N 1 stint stint Sgm: N 1 illiberality illiberality avarice …   English dictionary for students

  • parsimony — [[t]pɑ͟ː(r)sɪməni, AM mo͟ʊni[/t]] N UNCOUNT (disapproval) Parsimony is extreme unwillingness to spend money. [FORMAL] Due to official parsimony only the one machine was built …   English dictionary

  • parsimony — in phylogenetic systematics, the principle that the phylogeny requiring the least number of character changes is most likely correct (simpler is better). Use of many characters may swamp reversals and convergences as these are relatively rare and …   Dictionary of ichthyology

  • parsimony — I (New American Roget s College Thesaurus) Excessive frugality Nouns 1. parsimony, parsimoniousness, stinginess, miserliness; illiberality, avarice, greed (see desire). See selfishness, economy. 2. miser, niggard, churl, skinflint, scrimp,… …   English dictionary for students

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