el cheapo

Short definition from Wiktionary

Adjective

1. 1
   Cheap; inexpensive; of low quality.

Noun

1. 1
   A mock-honorific title given to a particular person who is stingy.
2. 2
   A person who is stingy; a miser.
3. 3
   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.