Cheap \Cheap\, n. [AS. ce['a]p bargain, sale, price; akin to D. Koop purchase, G. Kauf, ICel. kaup bargain. Cf. Cheapen, Chapman, Chaffer, Cope, v. i.]

A bargain; a purchase; cheapness. [Obs.]

The sack that thou hast drunk me would have bought me lights as good cheap at the dearest chandler's in Europe. --Shak.

Source: Webster's Revised Unabridged Dictionary (1913)
 

Cheap \Cheap\, a. [Abbrev. fr. ``good cheap'': a good purchase or bargain; cf. F. bon march['e], [`a] bon march['e]. See Cheap, n., Cheapen.]

1. Having a low price in market; of small cost or price, as compared with the usual price or the real value.

Where there are a great sellers to a few buyers, there the thing to be sold will be cheap. --Locke.

2. Of comparatively small value; common; mean.

You grow cheap in every subject's eye. --Dryden.

Dog cheap, very cheap, -- a phrase formed probably by the catachrestical transposition of good cheap. [Colloq.]

Source: Webster's Revised Unabridged Dictionary (1913)
 

Cheap \Cheap\, adv. Cheaply. --Milton.

Source: Webster's Revised Unabridged Dictionary (1913)
 

Cheap \Cheap\, v. i. To buy; to bargain. [Obs.]

--Chaucer.

Source: Webster's Revised Unabridged Dictionary (1913)