1
a
: charging or obtainable at a low price
a good cheap hotel
cheap tickets
b
: purchasable below the going price or the real value
c
: depreciated in value (as by currency inflation)
cheap dollars
2
3
: gained or done with little effort
a cheap victory
talk is cheap
4
of money
: obtainable at a low rate of interest
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Merriam-Webster unabridged



