—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. Also,cheapy.