Costing less money or having a lower price than something else.
From Middle English 'cheap' meaning to bargain, possibly from Old English 'ceap' meaning to trade or buy. The modern meaning of low-price developed in the 1600s.
The original meaning of 'cheap' was just about making a bargain, not about quality—but over time it got linked to low price, and now many people think 'cheap' means 'low quality,' even though that's not what the word originally meant!
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