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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 spend money or to give things to people: There is no excuse for such corporate parsimony over staff salaries.
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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