1 carefulness in the use of money or other resources.
2 meanness, stinginess.
Phrases and idioms:
law of parsimony the assertion that no more causes or forces should be assumed than are necessary to account for the facts.
Derivatives:
parsimonious adj. parsimoniously adv. parsimoniousness n.
Etymology: ME f. L parsimonia, parcimonia f. parcere pars- spare
Useful english dictionary. 2012.