gazump — ga‧zump [gəˈzʌmp] verb [transitive] informal PROPERTY if you are gazumped, someone who has agreed to sell you a house at an agreed price sells it to someone else for more money: • If any client of our agency is gazumped, we refund him or her the… … Financial and business terms
gazump — To increase by subsequent bidding by an individual with effect of annulling any previous offer. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 … Glossary of Bankruptcy
gazump — ► VERB Brit. informal ▪ deprive (someone whose offer to purchase a house has already been accepted) from proceeding with the purchase by offering or accepting a higher figure. DERIVATIVES gazumper noun. ORIGIN originally in the sense swindle :… … English terms dictionary
gazump — UK [ɡəˈzʌmp] / US verb [transitive] Word forms gazump : present tense I/you/we/they gazump he/she/it gazumps present participle gazumping past tense gazumped past participle gazumped British informal if you are gazumped, someone who had agreed to … English dictionary
gazump — gazumper, n. /geuh zump /, Brit. Slang. v.t. 1. to cheat (a house buyer) by raising the price, at the time a contract is to be signed, over the amount originally agreed upon. n. 2. an act of gazumping. [1925 30; earlier gazoomph to swindle, argot … Universalium
gazump — verb a) To raise the selling price of something (especially property) after previously agreeing to a lower one b) To buy a property by bidding more than the price of an existing, accepted offer … Wiktionary
Gazump — A situation in which the price for real estate or land is raised to a higher price than what was previously verbally agreed upon. Basically, raising the price just before the papers are signed and the deal is delivered … Investment dictionary
gazump — ga|zump [gəˈzʌmp] v [T usually passive] BrE informal if you are gazumped, the person who is selling you a house sells it to another person who offers them more money ▪ We were gazumped at the last minute. >gazumping n [U] … Dictionary of contemporary English
gazump — British. To offer more for a house than another has already offered and had accepted. In US, this is not allowed in UK, it is I ve been gazumped on the house I made an offer on … Dictionary of american slang
gazump — British. To offer more for a house than another has already offered and had accepted. In US, this is not allowed in UK, it is I ve been gazumped on the house I made an offer on … Dictionary of american slang