Usually means: Low cost, often lower quality.
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We found 36 dictionaries that define the word cheap:

General (28 matching dictionaries)
  1. cheap: Merriam-Webster.com
  2. cheap: Oxford Learner's Dictionaries
  3. cheap: American Heritage Dictionary of the English Language
  4. cheap: Collins English Dictionary
  5. cheap: Vocabulary.com
  6. cheap: Wordnik
  7. cheap: Cambridge Advanced Learner's Dictionary
  8. cheap: Wiktionary
  9. cheap: Webster's New World College Dictionary, 4th Ed.
  10. cheap: The Wordsmyth English Dictionary-Thesaurus
  11. cheap: Infoplease Dictionary
  12. cheap: Dictionary.com
  13. cheap: Cambridge Essential American English Dictionary
  14. Cheap (album), Cheap (ward), Cheap: Wikipedia, the Free Encyclopedia
  15. Cheap: Online Plain Text English Dictionary
  16. cheap: Webster's Revised Unabridged, 1913 Edition
  17. cheap: Rhymezone
  18. cheap: AllWords.com Multi-Lingual Dictionary
  19. cheap: Webster's 1828 Dictionary
  20. cheap: Stammtisch Beau Fleuve Acronyms
  21. cheap: Free Dictionary
  22. cheap: Mnemonic Dictionary
  23. cheap: LookWAYup Translating Dictionary/Thesaurus
  24. cheap: Dictionary/thesaurus
  25. cheap: Wikimedia Commons US English Pronunciations
  26. cheap: Online Etymology Dictionary

Business (4 matching dictionaries)
  1. Comprehensive Financial (No longer online)
  2. cheap: Legal dictionary
  3. Cheap: Financial dictionary
  4. BusinessDictionary.com (No longer online)

Computing (1 matching dictionary)
  1. cheap: Encyclopedia

Miscellaneous (2 matching dictionaries)
  1. Brilliant Dream Dictionary (No longer online)
  2. cheap: Idioms

Slang (1 matching dictionary)
  1. cheap: Green’s Dictionary of Slang

(Note: See cheaper as well.)

Definitions from Wiktionary (
)
American English Definition British English Definition
noun:  (obsolete) Trade; traffic; chaffer; chaffering.
noun:  (obsolete) A market; marketplace.
noun:  Price.
noun:  (obsolete) A low price; a bargain.
noun:  Cheapness; lowness of price; abundance of supply.
adjective:  Low or reduced in price.
adjective:  Of poor quality.
adjective:  Of little worth.
adjective:  (slang, of an action or tactic in a game of skill) Underhand or unfair.
adjective:  (informal, chiefly derogatory) Stingy; mean; excessively frugal.
adjective:  (finance) Trading at a price level which is low relative to historical trends, a similar asset, or (for derivatives) a theoretical value.
adjective:  (computing) Taking little of system time or resources.
verb:  (intransitive, obsolete) To trade; traffic; bargain; chaffer; ask the price of goods; cheapen goods.
verb:  (transitive, obsolete) To bargain for; chaffer for; ask the price of; offer a price for; cheapen.
verb:  (transitive, obsolete) To buy; purchase.
verb:  (transitive, obsolete) To sell.
adverb:  Cheaply.

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Colors:
    neon green,     bright yellow,     hot pink,     lime green,     electric blue,     chartreuse,     cyan,     magenta,     lemon yellow,     tangerine



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