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What does parsimonious mean?

Looking for the meaning or definition of the word parsimonious? Here's what it means.

Adjective
  1. Exhibiting parsimony; sparing in the expenditure of money; frugal to excess
  2. Using a minimal number of assumptions, steps, or conjectures.
  3. (sports) Not conceding many goals.
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Examples
The ancestral metazoan gene structure gives the most parsimonious derivation of its descendant genes.
Instead, the most parsimonious interpretation is that the sellate sclerites were probably imbricated in anterior-posterior rows.
Consensus trees should be interpreted with care as they may not be the most parsimonious hypotheses suggested by the data.
There is another, parsimonious explanation that escapes many would be subtle minds.
And the Australian who has made it his summer residence finds the locals anything but parsimonious.
So much for those who argue that the essential problem was parsimonious Republicans or a weak state.

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