verbπShareTo swindle; to extort."The used car salesman tried to gazump me by adding hidden fees at the last minute. "businesseconomyfinancepropertylawChat with AIVocabulary GamePractice Reading
verbπShareTo raise the selling price of something (especially property) after previously agreeing to a lower one.""The seller gazumped us by raising the price of the house $10,000 just before we were about to sign the final papers." "propertybusinesseconomyfinanceChat with AIVocabulary GamePractice Reading
verbπShareTo buy a property by bidding more than the price of an existing, accepted offer."Sarah was devastated when she learned a richer buyer had gazumped her, offering the seller Β£5,000 more for the house even after Sarah's offer had been accepted. "propertybusinessfinanceChat with AIVocabulary GamePractice Reading
verbπShareTo trump or preempt; to reap the benefit underhandedly from a situation that someone else has worked to create."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. "propertybusinesseconomyfinancelawmoralsituationattitudeChat with AIVocabulary GamePractice Reading
nounπShareThe act of one who gazumps."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. "propertybusinesseconomyfinanceChat with AIVocabulary GamePractice Reading
