Frugality /(frụ*găl"ĭ*ty̆)/

Fru·gal·i·ty

Frugality

n.

pl. Frugalities ((-tĭz))

  1. The quality of being frugal; prudent economy; that careful management of anything valuable which expends nothing unnecessarily, and applies what is used to a profitable purpose; thrift; -- opposed to extravagance.
    Frugality is founded on the principle that all riches have limits.
  2. A sparing use; sparingness; as, frugality of praise.