Skimp/skɪmp/ Definition 1 of 2Pro Tip 1/3Negative Connotation Using 'skimp' suggests lack of effort or investment, often seen as negative. The event failed because they skimped on promotion. Pro Tip 2/3Budget Contexts 'Skimp' is often used in conversations about budgeting and finance. We can't skimp on our savings plan. Pro Tip 3/3Implies Insufficiency Implying that the result won't be as good due to the lack of resources. If we skimp on the ingredients, the cake won't taste good.