1 definition by Tsukit

Lowball

A sales tactic in which an item or service is offered at a lower price than is actually intended to be charged, after which the price is raised to increase profits.

See also: Bait and Switch

The car dealer lowballed us on the price of the car and tried to charge us for $1,000 more than what we agreed to!

by Tsukit January 7, 2015