Source : WordNet®

penny-pinching
     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}]
     n : extreme care in spending money; reluctance to spend money
         unnecessarily [syn: {parsimony}, {parsimoniousness}, {thrift}]