Affordable vs. Cheap — What's the Difference?

Difference Between Affordable and Cheap
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Definitions
Affordable➦
To have the financial means for; bear the cost of
Able to afford a new car.
Cheap➦
Low in price, especially in relation to similar items or services
Local buses were reliable and cheap
Affordable➦
To manage to spare or give up
Can't afford an hour for lunch.
Cheap➦
Of little worth because achieved in a discreditable way requiring little effort
Her moment of cheap triumph
Affordable➦
To manage or bear without disadvantage or risk to oneself
Can afford to be tolerant.
Cheap➦
At or for a low price
A house that was going cheap because of the war
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Affordable➦
To make available or have as a necessary feature; provide
A tree that affords ample shade.
A sport affording good exercise.
Cheap➦
Relatively low in cost; inexpensive or comparatively inexpensive.
Affordable➦
Able to be afforded; inexpensive or reasonably priced.
An affordable vacation in the local area
Cheap➦
Charging low prices
A cheap restaurant.
Affordable➦
That may be afforded.
Cheap➦
Obtainable at a low rate of interest. Used especially of money.
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Affordable➦
That you have the financial means for;
Low-cost housing
Cheap➦
Devalued, as in buying power
Cheap dollars.
Cheap➦
Achieved with little effort
A cheap victory.
Cheap laughs.
Cheap➦
Of or considered of small value
In wartime, when life was cheap.
Cheap➦
Of poor quality; inferior
A cheap toy.
Cheap➦
Worthy of no respect; vulgar or contemptible
A cheap gangster.
Cheap➦
Stingy; miserly.
Cheap➦
Inexpensively
Got the new car cheap.
Cheap➦
(obsolete) Trade; traffic; chaffer; chaffering.
Cheap➦
(obsolete) A market; marketplace.
Cheap➦
Price.
Cheap➦
(obsolete) A low price; a bargain.
Cheap➦
Cheapness; lowness of price; abundance of supply. en
Cheap➦
Low and/or reduced in price.
Cheap➦
Of poor quality.
Cheap➦
Of little worth.
Cheap➦
Underhand or unfair.
The cheap trick of hiding deadly lava under pushable blocks
Cheap➦
Stingy; mean; excessively frugal.
Insurance is expensive, but don't be so cheap that you risk losing your home because of a fire.
Cheap➦
(finance) Trading at a price level which is low relative to historical trends, a similar asset, or (for derivatives) a theoretical value.
The ETF is trading cheap to NAV right now; we can arb this by buying the ETF and selling the underlying constituents.
Cheap➦
To trade; traffic; bargain; chaffer; ask the price of goods; cheapen goods.
Cheap➦
To bargain for; chaffer for; ask the price of; offer a price for; cheapen.
Cheap➦
To buy; purchase.
Cheap➦
To sell.
Cheap➦
Cheaply.
Cheap➦
A bargain; a purchase; cheapness.
The sack that thou hast drunk me would have bought me lights as good cheap at the dearest chandler's in Europe.
Cheap➦
Having a low price in market; of small cost or price, as compared with the usual price or the real value.
Where there are a great sellers to a few buyers, there the thing to be sold will be cheap.
Cheap➦
Of comparatively small value; common; mean.
You grow cheap in every subject's eye.
Cheap➦
Cheaply.
Cheap➦
To buy; to bargain.
Cheap➦
Relatively low in price or charging low prices;
It would have been cheap at twice the price
Inexpensive family restaurants
Cheap➦
Tastelessly showy;
A flash car
A flashy ring
Garish colors
A gaudy costume
Loud sport shirts
A meretricious yet stylish book
Tawdry ornaments
Cheap➦
Of very poor quality
Cheap➦
Embarrassingly stingy