The quality or state of being cheap, shabby, or unwilling to spend money; shoddiness.
From 'cheepy' + noun-forming suffix '-ness'. The suffix '-ness' creates abstract nouns describing qualities from adjectives, a pattern that's been productive in English for over 1000 years.
The '-ness' suffix is so flexible that we can theoretically add it to almost any adjective to create a noun—'happiness,' 'blueness,' 'quietness'—which is why English speakers can understand brand-new words instantly!
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