What does "parsimonious" mean?

Parsimonious: Exhibiting parsimony; sparing in expenditure of money; frugal to excess; penurious; niggardly; stingy. -- Par`si*mo"ni*ous*ly, adv. -- Par`si*mo"ni*ous*ness, n. A prodigal king is nearer a tyrant than a parsimonious. Bacon. Extraordinary funds for one campaign may spare us the expense of many years; whereas a long, parsimonious war will drain us of more men and money. Addison. See Avaricious.