Monday, February 5, 2018

Parsimony

Parsimony [ PAHR-suh'-moh-nee ]
 noun ]
 MEANING :
 1. stinginess or excessive frugality
2. thrift or extreme economy
3. accepting the simplest assumption in the formulation of a theory especially according to the rule of Ockham's razor (entities must not be multiplied beyond necessity as the simplest solution is usually the correct one)
 USAGE EXAMPLE 1 :
 
The charity was surprised by the parsimony of some larger corporations.