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A low-paid rent-a-cop with attitude. A thug cheaply employed as a private security guard who struts like a wannabe cop. A uniformed goon or dickhead with a badge.

Examples include: nightclub bouncers and public transport inspectors.

Just like items available from the Two Dollar Shop, the two dollar cop is easily paid for but badly put together and unsafe because it does not meet the normal quality assurance standards.
"I got abused and fined $167 by this Connex two dollar cop for having my foot on the seat, while a junkie was vomiting on the floor two seats away."
by Chris C Gill November 03, 2008