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A stingy or ungenerous person; one who is or is behaving niggardly. Despite popular belief, the word is actually historically considered highly offensive. Should not be confused with the word nigger, which is also highly offensive, but in a different way. In everyday speech, the two words sound nearly identical, so it's a good rule of thumb to save the word for print. It's considered pretty archaic anyway, so it's probably not a good idea to use it in any context unless you want to offend someone who has a less developed vocabulary.

See niggardly, niggardliness.
Person With a Large Vocabulary: Why won't you give me a dollar? You're such a niggard.

Person With a Small Vocabulary: WHAT'D YOU JUST CALL ME?!

Person With a Large Vocabulary: I called you a niggard. You know: stingy, not generous, generally not the kind of person you'd want to hang out with.

Person With a Small Vocabulary: Now you're just being racist!
by lovesmesumcake August 29, 2008
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An execessively stingy person.
An excesselively miserly person.
Despite common opinion, it does not refer to people with darker skin.
In fact the most well-known niggard was/is white!
Scrooge, from a Christmas carol, is a niggard and therefore niggardly.
by Walking Talking Dictionary January 06, 2007
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A miser; a stingy person. The word is not in any way related to the negroid race.
George Eliot's Silas Marner portrays the life of a lonely niggard who cares for naught but his money
by Vicsun January 31, 2005
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Some think it is a derogoratory term for black people, Nigger, but this word is different.
"That greedy old niggard."
by Alberto March 25, 2004
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