Of poor quality.
Trading at a price level which is low relative to historical trends, a similar asset, or (for derivatives) a theoretical value.
Low and/or reduced in price.
Stingy; mean; excessively frugal.
Underhand or unfair.
Of little worth.
Price.
Cheapness; lowness of price; abundance of supply.
Cheaply.
Full of flaws or cracks; broken; defective.
Subject to sudden flaws or gusts of wind.