Gazundered - definition of gazundered by The Free Dictionary
gazunder (redirected from gazundered)
Also found in: Financial
(Commerce) to reduce an offer on a property immediately before exchanging contracts, having previously agreed a higher price with (the seller)
(Commerce) an act or instance of gazundering
[C20: modelled on gazump]
Past participle: gazundered
C. N bajada del precio de una casa tras haber sido apalabrado
References in periodicals archive
If you've been gazumped or gazundered
before then you'll be aware of the hassle and heartbreak it can cause.
The good news continues, as the divorcee who was gazundered
five months ago sells her house for pounds 685,000 to a far nicer couple.
She believed next year's introduction of home information packs, also known as sellers' packs, would help minimise the risks of being gazundered
or gaz- umped.