el cheapo

From Spanish el (“the”) + cheap + -o (“mock-Spanish suffix”).

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el cheapo (not comparable)

1. (slang) Cheap; inexpensive; of low quality.

   Synonyms: no-name, brand X

   I only had five bucks, so I bought the el cheapo headphones.

el cheapo (plural el cheapos)

1. (slang, often capitalized) A mock-honorific title given to a particular person who is stingy.

   Don't expect a big tip from El Cheapo over there.

2. (slang) A person who is stingy; a miser.

   Synonym: see Thesaurus:miser

   He's such an el cheapo that his wallet hasn't been opened for days.

3. (slang) On the game show The Price Is Right, used in reference to the lowest two-digit number on a board of (initially) nine numbers in the pricing game Money Game.