A derisive portmanteau of "frugal" and "
stupid" used especially within dysfunctional
corporate environments where management espouses "frugality" as a virtue yet fails to distinguish between this and "
cheap."
Manager: I changed your server order from the m1.large nodes to
VIC-20s. It's too expensive.
Engineer: There's no way we'll be able to keep the site running on
VIC-20s!
Manager: Oh, remind me to dock you for not being frugal in your next performance review.
Engineer: I think you mean frupid.