definition of
penny-pinching

[1] #1 penny-pinching n. [parsimony, parsimoniousness, thrift] extreme care in spending money; reluctance to spend money unnecessarily. wn

[2] #2 penny-pinching s. [cheeseparing, close, near, skinny] giving or spending with reluctance; "our cheeseparing administration"; "very close (or near) with his money"; "a penny-pinching miserly old man". wn