parsimony
Noun
Hard difficulty
What does “parsimony” mean?
noun.extreme unwillingness to spend money or use resources.
SAT Usage
the term is often found in passages discussing economics, personal finance, or character traits, emphasizing a character's frugality or reluctance to part with resources. It highlights a deeper moral or psychological stance on spending, contrasting with terms like "thriftiness," which may carry a positive connotation, whereas this word suggests an excessive or even miserly approach.
Common Confusions
Parsimony implies an excessive reluctance to spend, while frugality usually suggests a more balanced approach to saving and spending wisely.
Do not choose parsimony if the context emphasizes generosity or abundance rather than extreme unwillingness to spend money or use resources.
Example Sentences
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His parsimony meant he refused to heat the house in winter.