Top Definition
A fair or Carnival that gives cheap prizes for hard games. Like 99 cents store prizes for a 20 foot basketball hoop throw.
Johnny: Dude! You totally slam dunked that 20 foot basketball hoop!
Cesar: Yup, but I got a Cheap Fair prize. I gave it to Cathy.
Johnny: Good call.
by twilightandjonas September 15, 2008
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