lowball

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low·ball

(lō′bôl′)
tr.v. low·balled, low·bal·ling, low·balls Informal
To underestimate or understate (a cost) deliberately: "I get hopping mad every time I see a politician lowballing the cost of his latest healthcare boondoggle" (Megan McArdle).

[From the card game of the same name.]

low′ball′ adj.

lowball

(ˈləʊˌbɔːl)
n
1. (Card Games) a game of poker in which the player with the lowest hand wins
2. (Commerce)
a. a very low estimate or offer
b. (as modifier): a lowball bid.
vb
(Commerce) (tr) to make a very low estimate or offer for (a service, product, company, etc)

low•ball

(ˈloʊˌbɔl)

v.t.
1. to deliberately estimate a lower price for than one intends to charge.
2. to give a false estimate for.
[1965–70]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Verb1.lowball - make a deliberately low estimatelowball - make a deliberately low estimate; "The construction company wanted the contract badly and lowballed"
estimate, gauge, approximate, guess, judge - judge tentatively or form an estimate of (quantities or time); "I estimate this chicken to weigh three pounds"
References in periodicals archive ?
They play a lot of low balls into my feet so I can show everyone what I can do.
Nadal dropped his serve three times and struggled to get down to low balls.
They ran at our defence and played low balls into our box to nullify Laursen's and Knight's aerial advantage.