Verb (used with object) : to lowball the cost of a move.    From Dictionary.com. 

Adjective : a lowball bid.    From Dictionary.com. 

He also expects "the Conservative government to "lowball" the degree of American involvement.".    From Wordnik.com.  [Archive 2008-08-01] Reference

Most buyers are afraid to "lowball" you too much, but will try to get you to move lower than they're ultimately willing and ready to pay.    From Wordnik.com.  [Cut Commissions With 'For Sale By Owner' Sales] Reference

Council members complained of early, "lowball" estimates of the exhibit costs.    From Wordnik.com.  [The MotorSportsNews.Net(work)] Reference

But, MET, I brought up the phrase "lowball" specifically to point out that it's not a useful phrase.    From Wordnik.com.  [Blog updates] Reference

"lowball," according to Merriam-Webster, is "to give a markedly or unfairly low offer.".    From Wordnik.com.  [Blog updates] Reference

Buyers toss in a lowball offer and see if it sticks.    From Wordnik.com.  [Rock-Bottom Prices!] Reference

In this market, you really want to lowball an offer.    From Wordnik.com.  [CNN Transcript Apr 4, 2008] Reference

SCHNEIDER: Campaign spokespersons try to lowball expectations.    From Wordnik.com.  [CNN Transcript Mar 31, 2007] Reference

Apple is known for serving up lowball estimates to Wall Street.    From Wordnik.com.  [Dollar Spurs] Reference

People ask me for advice, should I lowball, you know, 10 percent?.    From Wordnik.com.  [CNN Transcript Jun 4, 2008] Reference

And we would have learned that 1.2 billion is a lowball estimate.    From Wordnik.com.  [Lorelei Kelly: Spend More on Defense but Purchase Less Security] Reference

That lowball offer should have been a red flag to avoid that firm.    From Wordnik.com.  [Scam Alert: Avoid “dirty” duct cleaners] Reference

WILLIS: I guess we should also be talking about the lowball quote.    From Wordnik.com.  [CNN Transcript Mar 19, 2005] Reference

All for niggertown, cut-rate to lowball the independents down there.    From Wordnik.com.  [The Big Nowhere]

In PSI's case, that would lowball emissions by 2,000 pounds per hour.    From Wordnik.com.  [Pennies From Heaven] Reference

FREEMAN: Well, basically, what they do is, they lowball you on the bid.    From Wordnik.com.  [CNN Transcript Mar 19, 2005] Reference

Not one but two lowball ways to save American lives in a free-fire-zone.    From Wordnik.com.  [Christopher Platt: Maybe UAVs Are the Answer to IEDs] Reference

But be prepared to take a lowball or a lower offer than you think it's worth.    From Wordnik.com.  [CNN Transcript Jul 7, 2007] Reference

Was very evasive about the drug part, and tried to lowball it as best he could.    From Wordnik.com.  [Hillary And The Drug Flap: Does Her Campaign Want Issue To Go Away?] Reference

But what really stung Larry Nichols was that his dad tried to lowball him on his salary.    From Wordnik.com.  [Former Accountant Worked to Build] Reference

And concerns and fears that prices will stagnate are contributing to the lowball culture.    From Wordnik.com.  [Rock-Bottom Prices!] Reference

On July 27 ETF Securities promised to maintain its lowball pricing for at least another year.    From Wordnik.com.  [Price War Comes To Gold Funds] Reference

Repeatedly, they make statements which they believe are hardball, but turn out to be lowball.    From Wordnik.com.  [CNN Transcript Feb 18, 2008] Reference

Both bottlers say that is a lowball estimate and that Pepsi's offer therefore is insufficient.    From Wordnik.com.  [Remembrance] Reference

SCHNEIDER: Campaign spokespersons try to lowball expectations: Oh, we don't expect to do very well.    From Wordnik.com.  [CNN Transcript Mar 23, 2007] Reference

One of the best deals depended for its lowball price on a mail-in rebate, which can result in delays.    From Wordnik.com.  [Deal-aggregator sites: One stop for bargains across the Web] Reference

But when you find that perfect house, don't assume you can lob a lowball offer or make unreasonable demands.    From Wordnik.com.  [Five Mistakes Home Buyers Make] Reference

Lu thought about it and picked up a bottle of Blanton's and a lowball filled with ice and hollered thanks to Randy.    From Wordnik.com.  [Meeting Sandra] Reference

Rather than immediately reject or accept a lowball deal, you should mount a careful counterattack, experts recommend.    From Wordnik.com.  [How to Handle the Job Offer You Can't Afford] Reference

Many times a buyer will make an offer that is a lowball, for example, offer, and they say, well, they can always counter.    From Wordnik.com.  [CNN Transcript Jan 27, 2007] Reference

If you lowball your own workers, they'll spend less, or shift to cheaper goods, or start lowballing their service providers.    From Wordnik.com.  [Rock-Bottom Prices!] Reference

But they can talk about that without resorting to what I call "lowball tactics" where they talk about each other in very nasty ways.    From Wordnik.com.  [CNN Transcript Mar 9, 2008] Reference

BestBuy says these lowball prices are available from now through July 11, while supplies last, and limits quantities to three per customer.    From Wordnik.com.  [Windows 7 upgrade on sale for as low as $50] Reference