lowball

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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 ?
Consider the possibility of initial vendor low-balling when making projections for periods after the initial contract.
The quiet, orderly business of chemical waste disposal in Manitoba has boiled over with accusations that the Manitoba Hazardous Waste Corporation is intentionally low-balling prices.
"Never cheat yourself by low-balling to get the job.