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Low Ball |
Also found in: Wikipedia | 0.15 sec. |
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Low Ball A slang term for an offer that is significantly below the fair value of an asset or group of assets. Notes: This tactic is often used when a potential seller is in desperation and may need to liquidate assets quickly. For example, if someone were to offer $2500 for an $8000 asset, this would likely be considered a low-ball offer. Low ball Slang for making an offer well below the fair value of an asset in hopes that the seller may be desperate to sell. |
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? Mentioned in | ? References in periodicals archive | |
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25 based on the conventional wisdom that an opening offer is a low ball. If a property owner, investor, or lender understands that you're trying to protect them from this potential financial disaster, they will likely look at the bids in a different way and not just go for the low ball. The low ball is more likely to be hit on the ground and less likely to be hit for distance. |
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Low Ball
