[loh-bawl] 
| 1. | Cards. a game of draw poker in which the player having the lowest-ranking hand wins the pot. |
| 2. | to deliberately estimate a lower price for (a service or merchandise) than one intends to charge: to lowball the cost of a move. |
| 3. | to give a false estimate or bid for. |
| 4. | to engage in lowballing. |
| 5. | engaged in or characteristic of lowballing: a lowball bid. |
Low Ball
A slang term for an offer that is significantly below the fair value of an asset or group of assets.
Investopedia Commentary
This tactic is often used when a potential seller is in desperation and may need to liquidate assets quickly. For example, if someone were to offer $2500 for an $8000 asset, this would likely be considered a low-ball offer.
Related Links
Introduction to Fundamental Analysis
See also: Asset, Asset Classes, Book Value, Fair Value, Market Value
