CRAP
Cheap Redundant Assorted Products (pronounced: crap)
An acronym used primarily in texting, online chat, instant messaging, e-mail, blogs, and newsgroup postings, it is also considered a form of online jargon or text message shorthand.
It's a play on words to describe an inferior product that sells more than a high-quality product because the latter costs a little bit more or because the public doesn't know better than to buy the cheap version. The inferior product is referred to as "CRAP."
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NetLingo Classification: Acronyms and Text Message
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