Low-Ball Offer

Low-Ball Offer

An offer to buy something for an exceptionally low price. For example, if the asking price on a house is $200,000, a potential buyer may make a low-ball offer of $125,000.
References in periodicals archive ?
Despite their low-ball offer, Juventus still seem likely to land their man once they establish how flexible Ajax are on their asking price.
Mack-Cali rejected what it deemed a low-ball offer with CEO Michael DiMarco saying the company believed it should continue to focus on the ongoing transformation and repositioning of its assets.
Barrick may have thought they could strike gold for what analysts say is a low-ball offer for Acacia Mining.
That low-ball offer didn't end up pretty with Lester eventually being traded to the Oakland Athletics, (http://www.espn.com/boston/mlb/story/_/id/11290302/jon-lester-traded-oakland-athletics-yoenis-cespedes-boston-red-sox) ESPN reported.
"Without a new deal, that would leave Freeman with just 12 months on his contract; something which leaves QPR somewhat vulnerable to a low-ball offer for their star man - or even worse, vulnerable to losing him for nothing the following summer.
Rather than accept a low-ball offer for the ring, he decided he would do something that would benefit one lucky couple He started a contest on his Facebook page on March 5:
One hears tales of adjusters in the 1920s who met with the claimants and insureds and gave some low-ball offer on a claim on a "take it or leave it" no-questions-asked basis.
And the canny Scot warned bargain hunters: "If you want to make a low-ball offer, please don't waste my time or yours."
For example, a defendant may make a low-ball offer of, say $1, that unexpectedly turns out to "satisfy the statutory requirements." The defendant has no meaningful risk in making an offer of no meaningful consequence, but woe unto the plaintiff who reasonably declines and is then subjected to a no-liability verdict.
Spanish builder ACS is more likely to take legal action to defend its plan to take control of German peer Hochtief than improve its low-ball offer, analysts and press reports said on Tuesday.
Don't shoot yourself in the foot with a low-ball offer. Would you work for someone like that?
When I bought the 22-foot Glacier Bay, I knew darn well that both 90 hp outboards on the transom were hunks of junk, but the seller was willing to take a low-ball offer that left me with enough cash to buy a pair of new outboards.