What does lowballing mean?
Lowballing refers to the act of making an intentionally low estimate or offer, often with the intention of deceiving or underpaying someone. This can occur in various contexts, such as business, finance, or negotiations. Lowballing can be seen as a tactic to gain an advantage, but it can also damage relationships and reputations. The term is often used in American English and is associated with a negative connotation. Understanding the concept of lowballing is essential in making informed decisions and avoiding potential pitfalls.
verbTo give someone a lowball estimate or offer, often with the intention of deceiving or underpaying them.
- To make an intentionally low estimate or offer.
- To deceive or cheat someone by making a lowball offer.
"The contractor was accused of lowballing the cost of the project to win the bid."
"The company was fined for lowballing the cost of the environmental damage."
"She felt she had been lowballed on the salary offer and decided to negotiate."
Reviewed by Deb Chak, Editor. AI-assisted content curated by RJS Tech Solutions LLP.
Etymology of lowballing
The term lowballing originated in the late 19th century in the United States, where a 'lowball' referred to a type of railroad signal. The term eventually became associated with making low offers or estimates. The verb lowballing is derived from the noun lowball, which is a combination of 'low' and 'ball'.
Usage notes
Lowballing is often used in a business or financial context, and can have negative connotations.