Origin: bef. 900; ME
cheep (short for phrases, as
good cheep cheap, lit., good bargain), OE
cēap bargain, market, trade; c. G
Kauf, ON
kaup; all < L
caupō innkeeper, tradesman;
see chapman 
Related forms: cheapish, adjective
cheap⋅ish⋅ly, adverb
cheaply, adverb
cheapness, noun
Synonyms:
1, 4. Cheap, inexpensive agree in their suggestion of low cost. Cheap now usually suggests shoddiness, inferiority, showy imitation, complete unworthiness, and the like: a cheap kind of fur. Inexpensive emphasizes lowness of price (although more expensive than cheap) and suggests that the value is fully equal to the cost: an inexpensive dress. It is often used as an evasion for the more specific cheap. 4. paltry, low, poor, inferior, base.
Antonyms:
1. costly, dear, expensive. 8. generous, charitable.