lowball

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Related to low-ball: Low Ball Offer

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 ?
To prepare for the event, Lin said he has hit over 1,000 golf balls a day for the past month to practice on his low-ball trajectory, which he said will be useful after seeing the windy conditions at the 7206-yard TCC.
I think some buyers have made very low-ball buys from distressed sellers or estates, and that has become the accepted norm.
Numbers associated with the sprawling residential project, said to be completed in spring 2013, appear to be low-ball guesstimates.
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.
First used for the Hawaiian Open in 1928 and its regular home since 1965, it is still a birdiefest, with low-ball hitters favoured as the wind can blow.
That's the way Tutor-Saliba has operated in the past: Low-ball the estimate to win the contract, then jack up the price through change orders midway through construction.
Apparently, the moratorium was meant to restrict maintenance on the subject properties so that whenever the time came for eminent domain to be exercised to build the dam, the government could apply their "fair market value" rule and take the properties for low-ball amounts.
For another, although the tendency to do so is presently reversing, there was a trend by multidisciplinary companies to low-ball the cost of management fees as a strategy to obtain that building's residential brokerage business, the latter being a lucrative source of revenue.
Any vendor that offers a low-ball rate is betting your organization will not move coverage in year two to maintain stability.
At one point McGraw-Hill offered to buy it from me, which was flattering until they made what I thought was a ridiculous low-ball offer.
Foes of equality have always tried to low-ball the number, typically claiming that the correct figure is as low as one percent.