Background for gazumps

gazumps

/ɡəˈzʌmps/ /ɡæˈzʌmps/

Illustration gazumps - Image 1

noun

The act of gazumping.

Examples :

"The Smiths experienced the disappointment of gazumps when another buyer offered more money for the house they thought they had secured. "

property business finance

Illustration gazumps - Image 1

verb

To swindle; to extort.

Examples :

"The car dealer tried to gazump me by adding hidden fees at the last minute, raising the price significantly. "

business finance law economy

Illustration gazumps - Image 1

verb

To raise the selling price of something (especially property) after previously agreeing to a lower one.

Examples :

"The seller tried to gazump us at the last minute by raising the price of the house after we had already agreed on a deal. "

property business economy finance

Illustration gazumps - Image 1

verb

To buy a property by bidding more than the price of an existing, accepted offer.

Examples :

"Even though the sellers had accepted Sarah's offer on the house, another buyer gazumped her by offering ten thousand pounds more. "

property business finance economy

Illustration gazumps - Image 1

verb

To trump or preempt; to reap the benefit underhandedly from a situation that someone else has worked to create.

Examples :

"The intern worked for weeks to secure a meeting with the CEO, but his manager gazumped him by presenting the project proposal as his own. "

business property finance economy moral

Illustration gazumps - Image 1

noun

Examples :

"Given the definition "gazumps" meaning "an automobile," here's a simple and clear sentence: "My father drives a red gazumps to work every day." "

Illustration gazumps - Image 1

noun

A politician who takes bribes.

Examples :

"The newspaper revealed that several gazumps in the city council had been accepting money from developers in exchange for approving construction projects. "

politics government person moral job