verb Download 🔗Share To swindle; to extort. Examples : "The used car salesman tried to gazump me by adding hidden fees at the last minute. " business economy finance property law Chat with AIVocabulary GamePractice Reading
verb Download 🔗Share To raise the selling price of something (especially property) after previously agreeing to a lower one. Examples : ""The seller gazumped us by raising the price of the house $10,000 just before we were about to sign the final papers." " property business economy finance Chat with AIVocabulary GamePractice Reading
verb Download 🔗Share To buy a property by bidding more than the price of an existing, accepted offer. Examples : "Sarah was devastated when she learned a richer buyer had gazumped her, offering the seller £5,000 more for the house even after Sarah's offer had been accepted. " property business finance Chat with AIVocabulary GamePractice Reading
verb Download 🔗Share To trump or preempt; to reap the benefit underhandedly from a situation that someone else has worked to create. Examples : "After weeks of negotiation, Sarah thought she finally had the deal, but her coworker gazumped her by going directly to the boss with a similar idea and claiming it as his own. " property business economy finance law moral situation attitude Chat with AIVocabulary GamePractice Reading
noun Download 🔗Share The act of one who gazumps. Examples : "The Smiths lost their dream house due to gazumping; another buyer offered a higher price at the last minute, even after their offer was accepted. " property business economy finance Chat with AIVocabulary GamePractice Reading