1. extreme frugality; reluctance to spend money or use resources
2. the principle of choosing the simplest explanation that fits the facts
Usage: scientific; philosophical

Examples

• His parsimony was evident in his refusal to buy new clothes despite his wealth.
• The company’s parsimony with employee benefits led to high turnover.
• She practiced parsimony by reusing every scrap of paper.
• The scientist applied the principle of parsimony when evaluating competing theories.
• Their parsimony extended to turning off lights in unused rooms.
• The theory was accepted based on parsimony rather than complexity.
• His extreme parsimony made him unpopular with his generous neighbors.