parsimony
Definitions
Extreme unwillingness to spend money or use resources.
The principle of economy in scientific or philosophical explanation, favoring the simplest theory that fits the facts.
Examples
The scientist was praised for his parsimony in using limited resources to achieve such significant results.
In scientific modeling, the principle of parsimony suggests that the simplest explanation is usually the correct one.
Her extreme parsimony meant that she rarely bought anything new, preferring to repair what she already owned.
Synonyms
frugality thrift stinginess miserliness penuriousness cheapness niggardliness
Antonyms
generosity lavishness extravagance prodigality liberality munificence wastefulness