extreme or excessive economy or frugality; stinginess; niggardliness.
Origin: 1400–50; late ME parcimony < L parsimōnia, parcimōnia frugality, thrift, equiv. to parsi- (comb. form of parsus, ptp. of parcere to economize) or parci- (comb. form of parcus sparing) + -mōnia-mony
Unusual or excessive frugality; extreme economy or stinginess.
Adoption of the simplest assumption in the formulation of a theory or in the interpretation of data, especially in accordance with the rule of Ockham's razor.
[Middle English parcimony, from Latin parsimōnia, from parsus, past participle of parcere, to spare.]
1432, from L. parsimonia "sparingness, frugality," from pars-, stem of parsi, perf. tense of parcere "to spare, save" + -monia, suffix signifying action or condition. Parsimonious first attested 1598, not originally with suggestion of stinginess.
[pahr-suh-moh-nee] 
