parsimonia
frugality
noun par-see-MOH-nyah Rare
Origin: From Latin parsimonia, from parcere (to spare).
Also means
parsimony
Usage Note
Parsimonia sits between neutral frugality and negative miserliness — context determines the shade. Con parsimonia ('sparingly') is the most common adverbial phrase: usare le risorse con parsimonia (to use resources sparingly). It is not equivalent to the English false friend 'parsimonious,' which in Italian is better captured by avaro (miserly).
Examples
"Gestisce il denaro con grande parsimonia."
Natural Translation
He manages money with great frugality.
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