Meaning of pinchpenny

pinch•pen•ny

Pronunciation: (pinch'pen"ē), [key]
— n., pl. adj. -nies,
—n.
  1. a miser or niggard.
—adj.
  1. stingy; miserly; niggardly.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.