gazump
IPA: gˈæzump
noun
- (Britain, Australia, real estate) The act of gazumping.
- (US, slang, dated) An automobile.
- A politician who takes bribes.
verb
- (Britain) To swindle; to extort.
- (Britain, Australia, real estate) To raise the selling price of something (especially property) after previously agreeing to a lower one.
- (Britain, Australia, real estate) To buy a property by bidding more than the price of an existing, accepted offer.
- (Britain, Australia) To trump or preempt; to reap the benefit underhandedly from a situation that someone else has worked to create.
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Examples of "gazump" in Sentences
- It is the seller Alice who has made the decision to gazump Bob.