Gazunder - definition of gazunder by The Free Dictionary
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
Was the old lady in an institution, and was that a gazunder
poking out from under the bed?
, of course, being a chamber pot that gazunder
He said: 'I was six or seven, it was my job to empty the gazunder
from the whole house in the morning.
Bidders who try to gazunder
lower the sum they have offered on a property shortly before the sales contract is to be exchanged.
A bidder who tries to gazunder
lowers the sum offered on a property before the sales contract has been exchanged, in the belief that the vendor is so desperate to sell they will accept.