Definition of lowball verb from the Oxford Advanced Learner's Dictionary

 

lowball

 verb
verb
BrE BrE//ˈləʊbɔːl//
 
; NAmE NAmE//ˈloʊbɔːl//
 
Verb Forms present simple I / you / we / they lowball
BrE BrE//ˈləʊbɔːl//
 
; NAmE NAmE//ˈloʊbɔːl//
 
he / she / it lowballs
BrE BrE//ˈləʊbɔːlz//
 
; NAmE NAmE//ˈloʊbɔːlz//
 
past simple lowballed
BrE BrE//ˈləʊbɔːld//
 
; NAmE NAmE//ˈloʊbɔːld//
 
past participle lowballed
BrE BrE//ˈləʊbɔːld//
 
; NAmE NAmE//ˈloʊbɔːld//
 
-ing form lowballing
BrE BrE//ˈləʊbɔːlɪŋ//
 
; NAmE NAmE//ˈloʊbɔːlɪŋ//
 
 
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lowball something (North American English, informal) 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 American Dictionary entry: lowball