Definition of penny wise and pound foolish in English:

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penny wise and pound foolish

Careful and economical in small matters while being wasteful or extravagant in large ones.
Example sentences
  • It is very much a case of penny wise and pound foolish, if the Government persists in its present anti-forestry policy.
  • Are local self-bodies exercising their right to be penny wise and pound foolish?
  • Not paying them well is penny wise and pound foolish.
See parent entry: penny wise
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