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Definition of “parsimony” - English Dictionary

"parsimony" in Business English

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parsimonynoun [U]

uk   /ˈpɑːsɪməni/  us   /ˈpɑrsɪməʊni/ formal disapproving
unwillingness to ​spendmoney or to give things to ​people: There is no ​excuse for such ​corporate parsimony over ​staffsalaries.
The ​government has been parsimonious in its ​spending on the arts.
(Definition of parsimony from the Cambridge Business English Dictionary © Cambridge University Press)
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“parsimony” in Business English

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