Webster's English Dictionary

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cheapen

cheap.en \'che--p*n\ \'che-p-(*-)nin\ vb or cheap.en.ing [obs. E cheap (to 
   price, bid for)] archaic  1a: to ask the price of  1b: to bid or bargain 
   for  2a: to make cheap in price or value  2b: to lower in general esteem  
   2c: to make tawdry, vulgar, or inferior  : to become cheap