lowball

lowball
1. noun
a) The position of the ball on an American railroad ball signal that indicated Stop.
b) 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.)
2. verb
a) 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.
b) To make an offer well below an items true value, often to take advantage of the sellers desperation or desire to sell the item quickly.

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Look at other dictionaries:

  • lowball — Ⅰ. lowball UK US /ˈləʊbɔːl/ adjective [before noun] US INFORMAL ► at a level that is unfairly low: lowball bid/offer/price »The board issued a statement to make it clear that they would not consider any lowball offers. Ⅱ. lowball UK US /ˈləʊbɔːl/ …   Financial and business terms

  • lowball — n. A poker game in which the lowest ranking hand wins. [PJC] …   The Collaborative International Dictionary of English

  • lowball — v. t. to give a deceptively low estimate of the price of (merchandise or services); a sales tactic to induce a person to buy. Syn: underestimate. [WordNet 1.5] …   The Collaborative International Dictionary of English

  • lowball — ☆ lowball [lō′bôl΄ ] vt. 1. to give an understated price, estimate, etc. to (someone), esp. without intending to honor it 2. to so understate (a price, etc.) adj. of or having to do with prices, estimates, fares, etc. that are kept very low, esp …   English World dictionary

  • Lowball — The word Lowball can mean:*Lowball (poker) is a poker variant in which traditional hand values are reversed so that the lowest valued hand wins. *A class of alcoholic beverage, an unmixed drink served on ice or water in a short glass (a back… …   Wikipedia

  • lowball — /loh bawl /, n. 1. Cards. a game of draw poker in which the player having the lowest ranking hand wins the pot. v.t. 2. to deliberately estimate a lower price for (a service or merchandise) than one intends to charge: to lowball the cost of a… …   Universalium

  • lowball — transitive verb Date: 1957 1. to give (a customer) a deceptively low price or cost estimate 2. to give a markedly or unfairly low offer < lowballed him in contract negotiations > • lowball noun …   New Collegiate Dictionary

  • Lowball (poker) — Some forms of poker, often called lowball, sometimes called low poker, reward poor poker hands (in the traditional sense). There are four common variations on this idea, differing in whether aces are treated as high cards or low cards, and… …   Wikipedia

  • lowball — noun Baseball a ball pitched so as to pass over the plate below knee level. ↘[as modifier] N. Amer. informal (of an estimate) unrealistically low. verb N. Amer. informal offer (someone) an unrealistically low bid or estimate …   English new terms dictionary

  • lowball — low•ball [[t]ˈloʊˌbɔl[/t]] v. t. 1) cvb to deliberately estimate a lower price for than one intends to charge 2) to give a false estimate for • Etymology: 1965–70 …   From formal English to slang

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