Close-fisted

Characterized by unwillingness to spend money; stingy, miserly, or parsimonious. A close-fisted person is reluctant to give or spend money, often prioritizing saving over generosity. This behavior may stem from a fear of financial instability or a deep-seated attachment to possessions. It can manifest in various ways, such as refusing to contribute to shared expenses, haggling over small amounts, or avoiding charitable giving. The term often carries a negative connotation, implying a lack of warmth and compassion.

Close-fisted meaning with examples

• Despite his immense wealth, Mr. Abernathy was notoriously close-fisted. He’d wince at any expense, even necessary ones for his estate. He always negotiated down every purchase and refused to tip generously. Consequently, people were hesitant to work with him, and his reputation suffered, portraying him as a miser lacking in appreciation for good work.
• The holiday season was a disappointment at the Smiths'. Mr. Smith's close-fisted nature prevented his family from enjoying any expensive celebrations. He would not spend on gifts, resulting in awkward and underwhelming exchanges. This attitude led to hurt feelings amongst the children and spouse, affecting the overall spirit of the festive season.
• After years of struggle, the once-generous philanthropist became close-fisted with his wealth. He hoarded his funds, distrustful of how others spent them. Charities found it impossible to secure grants, and his previous commitments felt empty. This change damaged his standing and the very causes he once championed.
• The small business owner, struggling to stay afloat, adopted a close-fisted approach to budgeting. They would cut costs aggressively, sacrificing employee benefits and delaying essential equipment repairs. They saw their company as an investment that should never spend money, so they would not spend the funds unless the business was generating additional income.