2 definitions found From The Collaborative International Dictionary of English v.0.48 [gcide]: penny-wise \penny-wise\ adj. 1. Thrifty in small matters only. Used mostly in the phrase penny-wise and pound foolish. [WordNet 1.5 +PJC] From WordNet (r) 2.0 [wn]: penny-wise adj : thrifty in small matters only
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