lowball

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Related to low-balled: Low Ball Offer

Lowball

1. Of or related to the low cost of a good, service, or security. A lowball cost is determined by comparing the cost to similar goods, services, and securities. Lowball costs may indicate a low quality in the good, service, or security.

2. Informal; to make 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 lowball the seller by offering $125,000.

lowball

Of, relating to, or being an unrealistically low bid. Compare pricey.
References in periodicals archive ?
I always aimed to report on interesting policy discussions as well as to cover such important things as the quality of the food in general, and my intake in particular, although I usually low-balled the alcohol figure.
The GDP estimates were raised in 2019 and 2020 as analysts had expected, though the median only moved higher in 2020, with boosts that defied the shift in focus toward downside risks due, in our view, to the low-balled estimates from March that were poised for boots.
According to Kalikow, the city did not recognize the costs of the project and low-balled him on the offer.