Definition:

a) save money

German translation:

scrimp = knausern, sparen---Sample:

For lessons in how to spend millions, Russian billionaires are a good place to start.

It is considerably over budget at a reported $1.2 billion, but Roman Abramovich's yacht is a fine example of how not to SCRIMP.(BBC News)---Hospitals SCRIMP; Safety Is Sacrificed(New York Times, article headline)