parsimonia
Parsimonia is a Latin noun that forms the basis of the English term parsimony. It originally denoted thrift, economy, or frugality in the use of resources. In modern usage, parsimony describes both a disposition toward careful restraint and a methodological preference for simplicity. The adjective parsimonious is used to describe someone who is economical or a thing that is minimal in scope.
In philosophy and science, parsimony is a guiding principle rather than an absolute law. It favors explanations
The concept appears in several disciplines with concrete methods. In phylogenetics, parsimony methods aim to reconstruct
Beyond scientific contexts, parsimonia describes prudent, economical living. In everyday language, parsimony can connote framed thrift