English Synonyms and Antonyms
Economy is a wise and careful administration of the means at one's disposal; frugality is a withholding of expenditure, or sparing of supplies or provision, to a noticeable and often to a painful degree; parsimony is excessive and unreasonable saving for the sake of saving. Frugality exalted into a virtue to be practised for its own sake, instead of as a means to an end, becomes the vice of parsimony. Miserliness is the denying oneself and others the ordinary comforts or even necessaries of life, for the mere sake of hoarding money. Prudence and providence look far ahead, and sacrifice the present to the future, saving as much as may be necessary for that end. (See PRUDENCE.) Thrift seeks not merely to save, but to earn. Economy manages, frugality saves, providence plans, thrift at once earns and saves, with a view to wholesome and profitable expenditure at a fitting time. See ABSTINENCE.
Dictionary of English Synonymes
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