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Definitions of Parsimony
Pronunciation : Par"si*mo*ny
Part of Speech : n.
Etymology : [L. parsimonia, parcimonia; cf. parcere to spare, parsus sparing: cf. F. parcimonie.]
Definition : Defn: 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

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