penny-wise

adjective
pen·ny-wise | \ˈpe-nē-ˌwīz \

Definition of penny-wise 

: wise or prudent only in dealing with small sums or matters

First Known Use of penny-wise

1598, in the meaning defined above

History and Etymology for penny-wise

from the phrase penny-wise and pound-foolish

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Phrases Related to penny-wise

penny-wise and/but pound-foolish

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Time Traveler for penny-wise

The first known use of penny-wise was in 1598

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