pound-foolish

English

Etymology

From penny-wise and pound-foolish (“thrifty in the small and wasteful in the large”).

Adjective

pound-foolish (comparative more pound-foolish, superlative most pound-foolish)

1. Being unwise in dealing with large amounts of money.
   • 1976, MI Roemer with CE Hopkins, “Response to MK Chen”, in Medical Care:

     Accordingly, by Dr. Chen's method of calculation, the copayment experience would have to be deemed even more pound-foolish than we found it to be.

Translations

being unwise in dealing with large amounts of money

• Manx: punt ommidjagh