Word: Parsimonious
Part of Speech: Adjective
Definition: The word "parsimonious" describes someone who is very unwilling to spend money or use resources. It often implies that a person is excessively cheap or stingy, avoiding spending even when it might be reasonable to do so.
If someone is parsimonious, they are very careful with their money. They don’t want to spend it, even when they could or should. Imagine a person who has a lot of money but still refuses to buy a nice meal or treat others.
In a more formal or academic context, you might use "parsimonious" to discuss theories or models that are economical in their assumptions or components. For example: - The researcher proposed a parsimonious model that explained the data without unnecessary complexity.
Noun: Parsimony (the quality of being parsimonious)
Adverb: Parsimoniously
While "parsimonious" primarily relates to being stingy with money, it can also refer to being overly simple or minimalistic in explanations or designs, especially in scientific contexts.
"Penny-pinching": This idiom means being very careful with money, similar to being parsimonious.
"Cut corners": This phrase means to do something in the easiest or cheapest way, which often leads to poorer quality.