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gazump
(redirected from Gazumping)

   Also found in: Financial, Wikipedia 0.03 sec.
gazump [gəˈzʌmp] Brit
vb
1. (Business / Commerce) to raise the price of something, esp a house, after agreeing a price verbally with (an intending buyer)
2. (Business / Commerce) (tr) to swindle or overcharge
n
(Business / Commerce) the act or an instance of gazumping
[of uncertain origin]
gazumper  n
ThesaurusLegend:  Synonyms Related Words Antonyms
Verb1.gazump - rip off; ask an unreasonable price
extort, gouge, wring, rack, squeeze - obtain by coercion or intimidation; "They extorted money from the executive by threatening to reveal his past to the company boss"; "They squeezed money from the owner of the business by threatening him"
cheat, rip off, chisel - deprive somebody of something by deceit; "The con-man beat me out of $50"; "This salesman ripped us off!"; "we were cheated by their clever-sounding scheme"; "They chiseled me out of my money"
2.gazump - raise the price of something after agreeing on a lower price
cheat, rip off, chisel - deprive somebody of something by deceit; "The con-man beat me out of $50"; "This salesman ripped us off!"; "we were cheated by their clever-sounding scheme"; "They chiseled me out of my money"
Translations
gazump [gəˈzʌmp] (Brit)
A. VT [buyer] → ofrecer un precio más alto que; [seller] rehusar la venta de una propiedad a la persona con quien se había acordado aceptando una oferta más alta
we were gazumpedofrecieron más que nosotros
B. VI [buyer] → ofrecer un precio más alto; [seller] faltar al compromiso de vender una casa aceptando una oferta más alta
gazump [gəˈzʌmp] vi (British) en immobilier, revenir sur une promesse de vente pour accepter un prix plus élevé
to be gazumped
We've been gazumped → Le propriétaire est revenu sur sa promesse de vente en faveur d'un plus offrant.


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IT WAS disappointing to learn that the disgraceful practice of gazumping is returning to the property market (Return of the Gazumpers' August 26).
Al-Fahim completed his pounds 60million takeover after a three-month saga by gazumping club chief executive Peter Storrie's consortium at the 11th hour.
QI HEAR that gazumping is raising its ugly head again in some areas.
 
 
 
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