Frugality
Frugality , noun
[Latin frugalitas: compare French 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.
2.
A sparing use; sparingness; as, frugality of praise.