FRUGALITY
frugality, frugalness
(noun) prudence in avoiding waste
Source: WordNet® 3.1
Etymology
Noun
frugality (countable and uncountable, plural frugalities)
The quality of being frugal; prudent economy; thrift.
A sparing use; sparingness.
Synonyms
• frugalness (less common variant)
• parsimony
• thriftiness
Source: Wiktionary
Fru*gal"i*ty, n.; pl. Frugalities. Etym: [L. frugalitas: cf. F.
frugalité.]
1. The quality of being frugal; prudent economy; that careful
management of anything valuable which expends nothing unnecessarily,
and applies what is used to a profitable purpose; thrift; --- opposed
to extravagance.
Frugality is founded on the principle that all riches have limits.
Burke.
2. A sparing use; sparingness; as, frugality of praise.
Syn.
– Economy; parsimony. See Economy.
Source: Webster’s Unabridged Dictionary 1913 Edition