👉 Skimpingly is a term used in English to describe something that is cheaply made or produced. It can also mean that something is not very well-made, as if it has been done poorly.
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What is the definition of Skimping? 🙋
👉 In the context of finance and economics, "skimping" refers to a financial strategy or practice where an individual or business intentionally borrows money at a lower interest rate than they would pay on their own debt. This can be done by negotiating with creditors to reduce the interest rate or by taking out a loan from a bank or other financial institution. The goal of skimping is to minimize the amount of money borrowed and thus increase the net interest income, which in turn can lead to higher
