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lowball

[loh-bawl] /ˈloʊˌbɔl/
noun
1.
Cards. a game of draw poker in which the player having the lowest-ranking hand wins the pot.
verb (used with object)
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.
verb (used without object)
4.
to engage in lowballing.
adjective
5.
engaged in or characteristic of lowballing:
a lowball bid.
Origin
low1 + ball1
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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British Dictionary definitions for lowballing

lowball

/ˈləʊˌbɔːl/
noun
1.
a game of poker in which the player with the lowest hand wins
2.
  1. a very low estimate or offer
  2. (as modifier): a lowball bid
verb
3.
(transitive) to make a very low estimate or offer for (a service, product, company, etc)
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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