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What is "penny-pinching"

Longman Dictionary of Contemporary English
penny-pinching
adjective
EXAMPLES FROM OTHER ENTRIES
▪ a penny-pinching husband
▪ His grandparents were humourless and penny-pinching.
▪ She could finally tolerate no more of his coldness and penny-pinching ways.
▪ Unfortunately we have a penny-pinching local government that spends as little as possible on parks and sports facilities.
EXAMPLES FROM CORPUS
▪ And why be so penny-pinching in the matter of service, leaving poor Agnes and Adam Diggory overburdened with their load?
▪ We are frail, penny-pinching, well-bundled and preoccupied with our small concerns.
Wiktionary
penny-pinching

a. reluctant to spend money; close-fisted alt. reluctant to spend money; close-fisted n. 1 reluctance to spend money; thrift or parsimony 2 Instance of extreme economy.

WordNet
penny-pinching

  1. adj. giving or spending with reluctance; "our cheeseparing administration"; "very close (or near) with his money"; "a penny-pinching miserly old man" [syn: cheeseparing, close, near]

  2. n. extreme care in spending money; reluctance to spend money unnecessarily [syn: parsimony, parsimoniousness, thrift]

Usage examples of "penny-pinching".

Maybe now the inbred penny-pinching High Families incompetent corruptionists back at Central will get their thumbs out of their backsides and let us do something about Kolnar and all its little offshoots.

At first sight a plushy one: wall to wall plum coloured carpet, but of penny-pinching quality, two fat looking easy chairs with cheap foam seats, a pair of shoulder high metal filing cabinets and a modern afrormosia desk.