Someone who is the mid of the mid. Common insult used by people with high-functioning intelligence towards people of lesser intellect.
"This lowbob named reggy calling my 3 million dollar mansion a crack house."
"Ha, the only lowbob is that gaztons bozo."
"True. Anyways I have some business to attend to, deuces."
(Verb) In regards to bartering and trading, the term "lowball" is used by greedy sellers who don't understand depreciation and are attempting to make a buyer look bad.
Guy 1: That guy just tried to lowball me
Guy 2: Maybe you should read Economics for Dummies
A guy that comes to your yard sale real early, sees your 1989 Nintendo plus 50 games and offers you $5 for the box. Walks around the sale picking up everything expensive asking "Would you take $1 for this? How about $.50???". Then when they go to pay they hand you a $20 dollar bill for $3 of stuff!!!
The guy probably stores it all in a shed and sells it all on Ebay.
That Fuckin Lowball Lonnie offered me $1 for my $90 TI Calculator!!!!
Every time I have a yard sale a Lowball Lonnie shows up at 5am with $3 to spend.