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Meaning of cheapie

cheap•ie

Pronunciation: (chē'pē), [key]
— Informal. Informal.
—n.
  1. a cheaply made, often inferior, product: The movie studio made a dozen cheapies last year.
  2. any item that is inexpensive as compared with others of its kind: All brands of margarine taste alike to me, so I buy a cheapie.
  3. a stingy or miserly person: That cheapie wouldn't buy anyone a gift!
—adj.
  1. of, being, or pertaining to a cheap or inferior product: cheapie shoes.
  2. stingy; miserly.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.