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.”

Synonyms

  • economical
  • frugal
  • parsimonious
  • stingy
  • thrifty

Antonyms

  • extravagant
  • improvident
  • imprudent
  • profligate
  • wasteful