PARSIMONY
meanness, minginess, niggardliness, niggardness, parsimony, parsimoniousness, tightness, tightfistedness, closeness
(noun) extreme stinginess
parsimony, parsimoniousness, thrift, penny-pinching
(noun) extreme care in spending money; reluctance to spend money unnecessarily
Source: WordNet® 3.1
Etymology
Noun
parsimony (usually uncountable, plural parsimonies)
Great reluctance to spend money unnecessarily.
Synonyms: stinginess, frugality, economy, Thesaurus:stingy, Thesaurus:frugal
(by extension) The principle of using the fewest resources or explanations to solve a problem.
Source: Wiktionary
Par"si*mo*ny, n. Etym: [L. parsimonia, parcimonia; cf. parcere to
spare, parsus sparing: cf. F. parcimonie.]
Definition: Closeness or sparingness in the expenditure of money; --
generally in a bad sense; excessive frugality; niggardliness. Bacon.
Awful parsimony presided generally at the table. Thackeray.
Syn.
– Economy; frugality; illiberality; covetousness; closeness;
stinginess. See Economy.
Source: Webster’s Unabridged Dictionary 1913 Edition