Meaning of the word penny-pincher in English

What does penny-pincher mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

penny-pincher

US /ˈpen.i ˌpɪn.tʃər/
"penny-pincher" picture

Noun

1.

a person who is unwilling to spend money:

Example:
He takes offense at the notion he's a penny-pincher, insisting all his workers are paid above minimum wage.
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