noun
- the practice of making unrealistically low offers or estimates
Usage: informal; business context
verb
- making an unrealistically low offer or estimate, especially to deceive or gain advantage
Usage: informal; business context
Examples
- The contractor was lowballing the renovation costs to win the bid.
- She suspected the dealer was lowballing her car’s trade-in value.
- His lowballing strategy backfired when competitors offered fair prices.
- The insurance company’s lowballing of the claim frustrated the homeowner.
- Stop lowballing me – we both know this antique is worth more.
- The real estate agent warned against lowballing in such a competitive market.