Term of the day
lowball
To lowball is to deliberately offer a price that is below the fair value of the market in order to create a false impression or to put pressure on a seller who needs to liquidate assets quickly.
lowball in the news
The term lowball came to have a wider meaning, however, during the Libor scandal. Some banks were accused of lowballing their Libor bids during the height of the financial crisis in 2008. There had even been concerns about lowballing dating back to 2007 when the Bank of England's...
Business glossary
- business ecosystemIncreasingly, businesses operate in a broader network of related businesses offering particular products or services. This is known as a...
- business model
- classical economics
- corporate governance
- corporate responsibility
- elasticity of demand
- flexible working
- generation Y
- green technology
- hidden needs
- market capitalisation
- moral hazard
- price/earnings ratio
- private equity
- return on equity
- social media
- sustainable enterprise
- trade secret
- value-based pricing
- value investing
- venture capital
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Buzz Words
- biomimicryBiomimicry is broadly used to describe any process in which a shape or process in nature is used to inspire an innovation. Biomimicry has...
- London whale
- phablet
- austerity
- countercyclical buffering
- crowdsourcing
- dark pools
- Dodd-Frank Act
- ESG
- Glass-Steagall Act
- grey dollar
- hawk
- inflation targeting
- Keynesian economics
- microfinance
- sukuk (Islamic bonds)
- spread betting
- sustainable development
- too big to fail
- toxic assets
- Volcker rule
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In the News
- big dataBig data is the term used to describe the huge volumes of data generated by traditional business activities and from new sources such as...
- cyber crime
- Financial Policy Committee FPC
- financial regulation
- fiscal cliff
- funding for lending
- gamification
- GSifi
- IMF
- insider trading
- IPO
- Libor
- monetary transmission
- peak oil
- QE3
- risk on, risk off
- Serious Fraud Office
- sovereign bonds
- strategic alliance
- proprietary trading
- zombie household
- More...Hide...
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