frugality
/ˈfrjuːɡəlti/Definitions
1. noun
the quality of being frugal; a lack of extravagance in one’s spending, consumption, or use of resources
“Her frugality allowed her to save a significant amount of money for her retirement.”
2. noun
the state of being thrifty or stingy; a tendency to be miserly or ungenerous
“His frugality was seen as a sign of his prudent nature, but others perceived it as being overly stingy.”
3. noun
a quality or habit of being economical with resources; a state of being careful with money or possessions
“The community’s frugality in the face of economic downturn helped them weather the storm.”
4. noun
a virtue or moral quality that involves being prudent, thrifty, or economical; a desirable trait in a person
“Frugality is often cited as one of the key virtues necessary for achieving financial stability.”
5. adjective
relating to or characterized by frugality; economical or thrifty in the use of resources
“The company’s frugal approach to production helped them stay afloat during the recession.”