Miserly times not far off (6)
I believe the answer is:
nearby
'not far off' is the definition.
(I've seen this before)
'miserly times' is the wordplay.
'miserly' becomes 'near' (both can mean reluctant to spend money).
'times' becomes 'by' (both can mean 'multiplied by').
'near'+'by'='NEARBY'
(Other definitions for nearby that I've seen before include "[OPPOSITE OF] miles away" , "Just round the corner?" , "In the vicinity" , "Adjacent" , "Close at hand, not far away" .)