parsimony

Definition

Great reluctance to spend money unnecessarily.

Etymology

From Middle English parcimonie, from Middle French parsimonie, from Latin parsimōnia (“frugality, sparingness”), from pars-, past participle stem of parcere (“to spare”), + -monia, suffix signifying action, state, or condition.

Example Sentences

• "Near-synonyms: (usually admirable) frugality, economy, thrift, thriftiness; (excessive degree) tightness, stinginess; (extreme degree) miserliness; see also Thesaurus:frugal, Thesaurus:stingy"
• "Parsimony, and not industry, is the immediate cause of the increase of capital. Industry, indeed, provides the subject which parsimony accumulates. But whatever industry might acquire, if parsimony did not save and store up, the capital would never be the greater."
• "If mere parsimony could have made a man rich, Sir Pitt Crawley might have become very wealthy […]"