verb🔗ShareTo swindle; to extort.""After we verbally agreed on the price for the used car, the seller gazumped us by suddenly demanding an extra $500 before we could finalize the deal." "businessfinancelaweconomyChat with AIVocabulary GamePractice Reading
verb🔗ShareTo raise the selling price of something (especially property) after previously agreeing to a lower one."The family was gazumped on their dream house after the seller found a higher offer. "propertybusinesseconomyfinanceChat with AIVocabulary GamePractice Reading
verb🔗ShareTo buy a property by bidding more than the price of an existing, accepted offer.""After the seller agreed to our offer on the house, we were gazumped by another buyer who offered them much more money." "propertybusinesseconomyfinanceChat with AIVocabulary GamePractice Reading
verb🔗ShareTo trump or preempt; to reap the benefit underhandedly from a situation that someone else has worked to create."Sarah was about to buy the old car, but her brother gazumped her by offering the seller more money at the last minute. "businesspropertyeconomyfinanceactionsituationChat with AIVocabulary GamePractice Reading
