Definition of lowball verb from the Oxford Advanced American Dictionary

 

lowball

 verb
verb
NAmE//ˈloʊbɔl//
 
lowball something(informal)Verb Forms present simple I / you / we / they lowball
 
he / she / it lowballs
 
past simple lowballed
 
-ing form lowballing
 
 
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to deliberately make an estimate of the cost, value, etc. of something that is too low He lowballed the cost of the project in order to obtain federal funding. opposite highball
See the Oxford Advanced Learner's Dictionary entry: lowball