lowballing

Brian Foley, a compensation consultant in White Plains, described Lehman's approach to estimating the value of its options awards as "sort of a persistent lowballing."

Defining 'lowballing' as underbidding the market price, Mr Lawrence says: 'The closeness of the tenders suggests there was no lowballing.'

People who actually believe the lowballing of used car dealers; people who accept the penciled "2 Drink Minimum" card on their table as law; girls who swallow the line of horse crud a swinger uses to get them in the rack.