lowballing - definition and synonyms

  1.   From our crowdsourced Open Dictionary
    the practice of deliberately underestimating a cost, price, rate etc in order to deceive

    She raised the issue that Barclays audits had failed to uncover the practise [sic] throughout the period - a fact which was confirmed by Diamond stressing that he had only just learned of the lowballing this month.

    Submitted from United Kingdom on 05/07/2012