gazumped

listen to the pronunciation of gazumped
English - English

Definition of gazumped in English English dictionary

gazump
To raise the selling price of something (especially property) after previously agreeing to a lower one
gazump
{f} raise the price of something (usually real estate or land) after a lower price has been agreed on; overcharge; rip off; ask for a price that is not reasonable
gazump
If you are gazumped by someone, they agree to sell their house to you, but then sell it to someone else who offers to pay a higher price. In France you cannot be gazumped + gazumping ga·zump·ing During the 1980s property boom, gazumping was common. if you are gazumped, the person who is selling you a house sells it to another person who offers them more money
gazump
To buy a property by bidding more than the price of an existing, accepted offer
gazump
rip off; ask an unreasonable price
gazump
raise the price of something after agreeing on a lower price