lowball


Also found in: Dictionary, Thesaurus, Wikipedia.
Related to lowball: Lowball 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 ?
Tribune has drawn mostly lowball bids and stares from the usual suspects in big media deals since it was forced to put itself on the block last summer.
The author provides helpful advice on how to handle opposing counsel's "hardball and lowball tactics.
Brokers also said lowball offers are standard at many of the new projects in Long Island City.
If there's a lowball offer - $30,000, say, when it should be $100,000 - your lawyer will be less tempted than today to urge acceptance.
He even went so far as to place signs around the unit warning that lowball offers would cause the Hulk to get angry.
Palm Beach County, known for its lowball values, had appraised the home at $7.
Sellers in the Hamptons are starting to chop prices as summer approaches, but buyers are still submitting lowball offers, brokers say.