Parsimony
Parsimony [ PAHR-suh'-moh-nee | |
[ noun ] | |
MEANING : | |
1. niggardliness or 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 : | |
Yet the decorations were always meagre, and their gifts chosen with his usual parsimony. |