asscheap 

The combination of the words ass and cheap. Something that is as cheap as an ass (very cheap).

Man, yous rhymes is asscheap nigga.
That tripe ass bitch was asscheap.

asscheap by JV4LIFE September 30, 2003

asschap

the burning red ring that occurs around your asspucker after eating the worst of worst spicy foods, after you have already shit 4 or 5 times.

OMG... i got the worst asschap from that mexican food last night!

asschap by John May 13, 2005

Assheap 

1) A less offensive way of calling your friend an asshole 2) A playful, sometimes even affectionate name one would call his/her best friend

Chelsea: I'm going to bed.
Ally: Okay. Goodnight, assheap :)

Assheap by Cnelsea October 20, 2010