Cheap

a. [An abbreviation of good cheap, a good purchase or bargain, Fr. bon marché, à bon marché. See infra.]

1Sense 1. Bearing a low price in market; of small cost.

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

2Sense 2. Being of small value; common; not respected.

n. [A-S. ceap, bargain, sale, price, from ceapan, cypan, to buy, sell. See infra.] A bargain; a purchase. [Obs.]

The sack that thou hast drunk me would have bought me lights as good cheap at the dearest chand'ler's in Europe. Shak.