parsimony Definition
- 1extreme unwillingness to spend money or use resources
- 2the quality of being very unwilling to spend money or use resources
Using parsimony: Examples
Take a moment to familiarize yourself with how "parsimony" can be used in various situations through the following examples!
Example
The company's parsimony led to a lack of investment in new technology.
Example
His parsimony was evident in the cheap gifts he gave for Christmas.
Example
The government's parsimony in funding education has resulted in a decline in the quality of schools.
parsimony Synonyms and Antonyms
Synonyms for parsimony
- frugality
- thriftiness
- economy
- miserliness
- stinginess
Antonyms for parsimony
Phrases with parsimony
the principle that, when explaining a phenomenon, one should choose the simplest explanation that requires the fewest assumptions
Example
The law of parsimony suggests that the simplest explanation is usually the correct one.
a principle in science and philosophy that states that, when given a choice between two explanations that make the same predictions, one should prefer the simpler of the two
Example
The parsimony principle is often used in scientific research to determine which hypothesis is most likely to be true.
the practice of using the simplest possible method or theory to explain a phenomenon
Example
Methodological parsimony is important in scientific research because it helps to avoid unnecessary complexity.
Origins of parsimony
from Latin 'parsimonia', meaning 'frugality'
Summary: parsimony in Brief
'Parsimony' [ˈpɑːsɪməni] refers to extreme unwillingness to spend money or use resources. It can also denote the quality of being very unwilling to spend money or use resources. The term extends into phrases like 'law of parsimony,' which suggests choosing the simplest explanation, and 'methodological parsimony,' which advocates using the simplest possible method or theory. Examples include 'The company's parsimony led to a lack of investment in new technology.'