1. Worthless crap.
2. Something that cost very little, but is usually worthless junk, and ends up costing more than you paid for it in opportunity cost.
Why did you buy this cheap shit. It broke the first time I used it.
by mlhiss March 28, 2008
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When you live in a box but can’t protect your money because you’re “on a budget”.
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cheap as shit

When someone will not buy something even though they can afford it
Arun is cheap as shit because he won't buy toilet roll.
by theprozrule June 25, 2018
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