Frugality

Fru*gal"i*ty (?), n.; pl. Frugalities (#). [L. frugalitas: cf. F. frugalité.] 1. The quality of being frugal; prudent economy; that careful management of anything valuable which expends nothing unnecessarily, and applies what is used to a profitable purpose; thrift; --- opposed to extravagance.

Frugality is founded on the principle that all riches have
limits.
Burke.

2. A sparing use; sparingness; as, frugality of praise.

Syn. -- Economy; parsimony. See Economy.