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Meaning of parsimony
The primary meaning of the word "parsimony" is the quality of being frugal and careful with resources.
Etymology of parsimony
The word "parsimony" originates from the Latin "parsimonia", meaning frugality or thriftiness, which is derived from "parsus", the past participle of "parsere", meaning to spare or ration
Historically, the term has been used to describe a range of behaviors, from prudent financial management to excessive stinginess
Synonyms
frugality
thriftiness
economy
simplicity
restraint
moderation
prudence
cautiousness
judiciousness
stinginess
meanness
austerity
strictness
severity
scrupulousness
meticulousness
carefulness
diligence
industriousness
resourcefulness
ingenuity
cleverness
shrewdness
canniness
wisdom
discretion
circumspection
wariness
watchfulness
vigilance
attentiveness
mindfulness
parsimoniousness
penuriousness
niggardliness
stinginess
miserliness
closefistedness
tightfistedness
Definitions
- The quality of being careful with money or resources, avoiding unnecessary expenditure
- The practice of being excessively frugal or stingy
- In scientific research, the principle that, all things being equal, the simplest explanation or solution is usually the best one
Usage Examples
- The company's parsimony with regards to employee benefits has led to low morale and high turnover rates
- The scientist's parsimony in designing the experiment allowed her to collect accurate data with minimal resources
- The principle of parsimony in philosophy suggests that we should prefer simple explanations over complex ones
Antonyms
extravagance
profligacy
wastefulness
prodigality
lavishness
generosity
liberality
openhandedness
munificence
magnanimity
profusion
opulence
sumptuousness
luxuriousness
decadence
improvidence
recklessness
imprudence
thoughtlessness
carelessness
negligence
squander
waste
excess
surplus
redundancy