The Collaborative International Dictionary of English v.0.48:

Skimp \Skimp\, v. t. [imp. & p. p. Skimped; p. pr. & vb. n.
   Skimping.] [Cf. Skinch, Scamp, v. t.]
   1. To slight; to do carelessly; to scamp. [Prov. Eng. &
      Colloq. U.S.]
      [1913 Webster]

   2. To make insufficient allowance for; to scant; to scrimp.
      [Prov. Eng. & Colloq. U. S.]
      [1913 Webster]