to cheat (a house buyer) by raising the price, at the time a contract is to be signed, over the amount originally agreed upon.
an act of gazumping.
- ga·zump·er, noun
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
British Dictionary definitions for gazump
to raise the price of something, esp a house, after agreeing a price verbally with (an intending buyer)
(tr) to swindle or overcharge
the act or an instance of gazumping
- gazumper, noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012