lowball

adjective

1. Significantly below the actual cost or value. In April, NASA selected SpaceX to build the lunar lander for the Artemis program, thanks in part to a lowball $2.9 billion bid.

noun lowballs

1. The position of the ball on an American railroad ball signal that indicated Stop.
2. A form of poker in which the lowest-ranking poker hand wins the pot. Usually the ace is the lowest-ranking card, straights and flushes do not count making the best possible hand being A, 2, 3, 4, 5 regardless of suits (in contrast to deuce-to-seven lowball.)
3. A form of cribbage in which the first to score 121 (or 61) is the loser.
4. An unmixed alcohol drink served on ice or water in a short glass.
5. abbreviation, clipping Clipping of lowball glass

verb lowballs · lowballing · lowballed

1. transitive To give an intentionally low estimate of anything, not necessarily with deceptive intent. It may be, but it is worth noting that if the mortality rate is as low as 0.7% as some experts now hope rather than between 3 and 5% as the data suggests so far, that is still a lot of dead Americans. Californian health officials are bracing for a 56% infection rate. In New York, they are talking ab
2. transitive To give (a customer) a deceptively low price or cost estimate that one has no intention of honoring or to prepare a cost estimate deliberately and misleadingly low. A few other news flashes from the interview: The president of the United States thinks that the government should not pay its bills in full. It should lowball its contractors and force them to accept half payment, he said.
3. transitive To make an offer well below an item's true value, often to take advantage of the seller's desperation or desire to sell the item quickly.

Opposite: highball