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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]