penny-wise and/but pound-foolish


: careful about small amounts of money but not about large amounts
used especially to describe something that is done to save a small amount of money now but that will cost a large amount of money in the future
The plans to cut funding are penny-wise and pound-foolish.

Dictionary Entries Near penny-wise and/but pound-foolish


penny-wise and/but pound-foolish


Cite this Entry

“Penny-wise and/but pound-foolish.” Dictionary, Merriam-Webster, Accessed 23 Mar. 2023.

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