Adjective

(en adjective)

(slang) Inexpensive and of poor quality.

They wanted crystal champagne glasses for the party but the caterers provided cheapo plastic cups instead.

Adjective

(er)

Low and/or reduced in price.

* John Locke

Where there are a great sellers to a few buyers, there the thing to be sold will be cheap .

* , chapter=3

, title= The Mirror and the Lamp , passage=One saint's day in mid-term a certain newly appointed suffragan-bishop came to the school chapel, and there preached on “The Inner Life.”  He at once secured attention by his informal method, and when presently the coughing of Jarvis […] interrupted the sermon, he altogether captivated his audience with a remark about cough lozenges being cheap and easily procurable.}}

* {{quote-magazine, date=2013-07-20, volume=408, issue=8845, magazine=(The Economist)

, title= Out of the gloom , passage=[Rural solar plant] schemes are of little help to industry or other heavy users of electricity. Nor is solar power yet as cheap as the grid. For all that, the rapid arrival of electric light to Indian villages is long overdue. When the national grid suffers its next huge outage, as it did in July 2012 when hundreds of millions were left in the dark, look for specks of light in the villages.}}

Of poor quality.

Of little worth.

* Dryden

You grow cheap in every subject's eye.

(slang, of an action or tactic in a game of skill) underhand; dubious.

(derogatory) Frugal; stingy.