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Definition of parsimony noun from the Oxford Advanced Learner's Dictionary

parsimony

noun

/ˈpɑːsɪməni/

/ˈpɑːrsɪməʊni/

[uncountable] (formal)

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the fact of being extremely unwilling to spend money synonym meanness
Word Originlate Middle English: from Latin parsimonia, parcimonia, from parcere ‘be sparing’.

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See parsimony in the Oxford Advanced American Dictionary

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