Wiktionary
vb. to have a low esteem for someone, to look down upon someone, to hold someone in contempt
Usage examples of "hold cheap".
I shall not fail or hold cheap the lives and good of those who have relinquished their wills to me, Megan Whitlock and Shkai'ra Mek Kermak's Kin, Second Fire come if I lie.
Although, therefore, we do not know by what judgment these things are done or permitted to be done by God, with whom is the highest virtue, the highest wisdom, the highest justice, no infirmity, no rashness, no unrighteousness, yet it is salutary for us to learn to hold cheap such things, be they good or evil, as attach indifferently to good men and bad, and to covet those good things which belong only to good men, and flee those evils which belong only to evil men.