3 definitions by sug-almighty
Adoption of the simplest explanation for an observation. Also stinginess or frugality in regards to economics and finance.
Vanguard must spend a lot of money on printing and mailing its statements, because of the extra paper involved. Undoubtedly, that was a tough decision for the company, which is known for its parsimony
by sug-almighty June 27, 2005
Principle established by the logician William of Ockham in the 14th century. Like the Principle of Parsimony, this theory states that one should not make unnecessary assumptions and that the answer to a problem is often the simplest. It is the basis of methodological reductionalism and applications of its principles are commonly used in modern strategy and economics. *also "ockham's razor"
by sug-almighty June 27, 2005
Garbage rap music. It is created only for the purposes of making money and pleasing the masses. Pop rap has absolutely no artistic or creative merit whatsoever.
by sug-almighty June 27, 2005