cheap

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Cheap

Of or related to the low cost of a good, service, or security. Cheapness is determined by comparing the cost to similar goods, services, and securities. Cheapness is also related to one's ability to buy: what seems cheap to one person may seem expensive to another. Cheapness may, but does not always, indicate a low quality in the good, service, or security.

cheap

Of, relating to, or being a security that sells at a market price below what is expected given fundamental factors such as earnings, assets, and management ability. Determining whether a security is cheap is a subjective judgment. Compare expensive.
References in classic literature ?
"And I am sure," said Catherine, "I know so little of such things that I cannot judge whether it was cheap or dear."
"You will find, however, Miss Morland, it would be reckoned a cheap thing by some people, for I might have sold it for ten guineas more the next day; Jackson, of Oriel, bid me sixty at once; Morland was with me at the time."
"If it please any man spiritual or temporal," he says, to buy a certain book, "let him come to Westminster in to the Almonry at the Red Pale and he shall have them good cheap." The advertisement ended with some Latin words which we might translate, "Please do not pull down the advertisement."
The Bishop, black as a coal-heaver, in a workingman's cheap cotton shirt (one button was missing from the throat), and in overalls!
We never saw Mont Blanc at his best until we were many miles away; then he lifted his majestic proportions high into the heavens, all white and cold and solemn, and made the rest of the world seem little and plebeian, and cheap and trivial.
If my father had consulted his means, I should have been sent to a cheap commercial academy; but he had to consult his relationship to Lady Malkinshaw; so I was sent to one of the most fashionable and famous of the great public schools.
You haven't any idea how cheap everything is in Norway.