Syllable division derived from spelling — this word is not in the pronouncing dictionary, so no phonetic transcription is shown rather than a guessed one.
penny-pinch is a verb meaning "spend money frugally; spend as little as possible". It carries one recorded sense.
spend money frugally; spend as little as possible
Definitions, synonyms and semantic relations for penny-pinch come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.