extreme or excessive economy or frugality; stinginess; niggardliness.
Origin: 1400–50; late Middle English parcimony < Latin parsimōnia, parcimōnia frugality, thrift, equivalent to parsi- (combining form of parsus, past participle of parcere to economize) or parci- (combining form of parcus sparing) + -mōnia-mony
early 15c., from L. parsimonia "sparingness, frugality," from pars-, stem of parsi, perf. tense of parcere "to spare, save" + -monia, suffix signifying action or condition.