Meaning of the word parsimony in English
What does parsimony mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
parsimony
US /ˈpɑːr.sə.moʊ.ni/
UK /ˈpɑː.sɪ.mə.ni/
Noun
1.
extreme unwillingness to spend money or use resources
Example:
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His parsimony was well-known; he never bought anything new if he could repair the old.
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The company's parsimony led to outdated equipment and low employee morale.
2.
extreme economy in the use of means to an end; economy of explanation in conformity with Occam's Razor
Example:
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The scientist's theory was praised for its elegant parsimony, explaining complex phenomena with minimal assumptions.
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Occam's Razor is a principle of parsimony, stating that the simplest explanation is usually the best.
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