One of the mysteries of the English language finally explained.
1no object To be niggardly or parsimonious.
2with object To act in a parsimonious way towards; to make poor; to underfund.
1940s; earliest use found in Sunday Times-Signal (Zanesville, Ohio). From penny + pinch, after penny-pinched, penny-pincher, penny-pinching.
In this article we explore how to impress employers with a spot-on CV.