Meaning LOW BALL: Slang for making an offer well below the fair value of an asset in hopes that the seller may be desperate to sell
More terms such as Low ball in Dictionary L.
- Definition Limitation On Liens:
- Examples A bond covenant that restricts in some way a firm's ability to grant liens on its assets low ball definition.
- Definition Limitation On Subsidiary Borrowing:
- Examples A bond covenant that restricts in some way a firm's ability to borrow at the level of firm subsidiary low ball explain.
- Definition Life Insurance Policy:
- Examples The contract that sets out the terms of life insurance coverage low ball what is.
- Definition Lease Rate:
- Examples The payment per period stated in a lease contract low ball meaning.
- Definition Lombard Rate:
- Examples international equities. Interest rate the German Bundesbank uses as an upper limit to the day-to-day money rate, since no bank will pay higher rates in the money market than it has to pay for very low ball abbreviation.