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Chinese slang. The act of taking advantage of somebody else, especially in financial matters, although not always. Somebody who routinely eats lunch with you but always lets you pay for it is standing you cheap. Likewise, somebody who makes friends with you just to be around your friends is also standing you cheap. Sometimes even doing something that's rude or disagreeable to somebody else while profiting from it is also considered standing them cheap. The original Mandarin Chinese for this is "Zhan ... pianyi" ("stand ... cheap") with the victim pronoun appearing between the words.
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