Usually means: Saves small amounts, possibly shortsighted.
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We found 16 dictionaries that define the word penny wise:

General (15 matching dictionaries)
  1. penny-wise: Merriam-Webster
  2. penny wise: Oxford Learner's Dictionaries
  3. penny-wise: American Heritage Dictionary of the English Language
  4. penny-wise, penny-wise: Collins English Dictionary
  5. penny-wise: Vocabulary.com
  6. penny-wise, penny wise: Wordnik
  7. penny-wise: Wiktionary
  8. penny-wise: Webster's New World College Dictionary, 4th Ed.
  9. penny-wise: The Wordsmyth English Dictionary-Thesaurus
  10. Penny wise, penny-wise: Dictionary.com
  11. penny-wise: Rhymezone
  12. Penny Wise: Dictionary of Phrase and Fable (1898)
  13. penny-wise, penny wise: FreeDictionary.org
  14. penny-wise: Mnemonic Dictionary
  15. Penny wise, penny-wise: TheFreeDictionary.com

Slang (1 matching dictionary)
  1. penny wise: Urban Dictionary



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