1. the cheap one

2. cheap(from mock spanish)
I would not buy an el cheapo if I were you.
by Light Joker February 24, 2006
Defined from the "Money Game" on The Price is Right, the lowest possible number on the board.
"You don't think it was 'El Cheapo', do you?"
by NozeNuggets February 19, 2014
Someone who is cheap. Usually refers to a small tipper.
Oh great, el cheapo left me 10% on $150 tab. Usually the person is miserable, possibly jealous if the waitress is young and El cheapo is a older woman. Also and most generally applies to men who are cheap (El). Sometimes this can be a foriegner too..
by kb4 April 09, 2006
A nickname for passe recording artist Darren Hayes (formerly of Savage Garden) - who is known for his love of money, and definitely not for his altruism.
"Did you see the new Guchi shoes El Cheapo was sporting? And to think he couldn't give a measly hundred bucks to charity."
by The High Priestess March 22, 2004
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