The Collaborative International Dictionary of English v.0.48:

Skimp \Skimp\, v. i.
   To save; to be parsimonious or niggardly. [Prov. Eng. &
   Colloq. U.S.]
   [1913 Webster]

The Collaborative International Dictionary of English v.0.48:

Skimp \Skimp\, a.
   Scanty. [Prov. Eng. & Colloq. U.S.]
   [1913 Webster]

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]

WordNet (r) 3.0 (2006):

skimp
    v 1: work hastily or carelessly; deal with inadequately and
         superficially [syn: skimp, scant]
    2: limit in quality or quantity [syn: scant, skimp]
    3: subsist on a meager allowance; "scratch and scrimp" [syn:
       scrimp, stint, skimp]
    4: supply sparingly and with restricted quantities; "sting with
       the allowance" [syn: stint, skimp, scant]