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View Full Version : looking for a business term I can't remember


BuzzKillington
06-10-2010, 10:06 PM
When you're selling something and someone cuts their prices so low where they screw you over.

Undercut... but there's another word for it too.
diluzio91
06-10-2010, 10:13 PM
something there possibly?

http://thesaurus.com/browse/undercut
BuzzKillington
06-10-2010, 11:05 PM
Nope. :(

I believe it was business slang.
Mach
06-10-2010, 11:41 PM
undersell
dumping
lowball
mark down
bought the contract
BuzzKillington
06-11-2010, 01:18 AM
None of that sounds familiar. Maybe my business teacher just had his own lingo? It was catchy though. Lame.

+rep all around for digging for the word/term.
Luke122
06-11-2010, 02:27 AM
I would have said lowballed.. underbid maybe? Outbid?
simon275
06-11-2010, 04:13 AM
Yes it is normally refered to as dumping.

Preadtory Pricing?
Selling at lest than fair value?
Under Price?
dr.walrus
06-11-2010, 08:49 AM
Yes it is normally refered to as dumping.



This. Also, the term only applies when the seller makes a loss. I think.
Trace
06-14-2010, 04:39 AM
Pricing out the competition?

I know this is old.
BuzzKillington
06-15-2010, 10:28 PM
it was used as a... I don't know what the correct way to say it (I never really grasped the whole, "verb, adj, pronoun etc) so here's an example:

You just got owned or he got owned.
Drum Thumper
06-19-2010, 04:56 PM
screwed? :P
msmrx57
06-20-2010, 01:21 AM
screwed? :P

No that's what happens to the "customers".
BuzzKillington
06-20-2010, 02:53 PM
Oh well, it's not important. It was funny, a buddy posted a for sale deal on facebook for HID headlights and one of his friends posted a link to where he gets his for less than half the price and I thought it was funny so I wanted to use that term then realized I couldn't remember it and it was driving me crazy for a while.

Thanks for the help though guys, I'm starting to think it was definitely some sort of business slang since I don't believe I've heard it anywhere else besides his class and no one here could find it either.
simon275
06-20-2010, 09:48 PM
Thanks for the help though guys, I'm starting to think it was definitely some sort of business slang since I don't believe I've heard it anywhere else besides his class and no one here could find it either.

Teachers are well known for making up their own $h*t half the time.
flare
06-21-2010, 10:33 AM
Predator or destroyer pricing? Price leader maybe?