Lowball
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2008-07-08T18:00:12Z
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The word '''Lowball''' can mean:
*[[Lowball (poker)]] is a poker variant in which traditional hand values are reversed so that the lowest-valued hand wins.
*A class of [[alcoholic beverage]], an unmixed drink served on ice or water in a short glass (a back-formation from [[highball glass]]).
*As a verb abbreviating lowball estimate, also known as [[Cost underestimation]] which is the estimation of the lower bound of a venture's cost.
*A slang term for an offer that is significantly below the fair value of an asset or group of assets
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