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 26 May. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!