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gazump

[ guh-zuhmp ]

verb (used with object)

  1. to cheat (a house buyer) by raising the price, at the time a contract is to be signed, over the amount originally agreed upon.

noun

  1. an act of gazumping.

gazump

/ ɡəˈzʌmp /

verb

  1. to raise the price of something, esp a house, after agreeing a price verbally with (an intending buyer)
  2. tr to swindle or overcharge
“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

noun

  1. the act or an instance of gazumping
“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
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Derived Forms

  • gaˈzumper, noun
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Other Words From

  • ga·zumper noun
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Word History and Origins

Origin of gazump1

First recorded in 1925–30; earlier gazoomph to swindle, argot word of uncertain origin
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Word History and Origins

Origin of gazump1

C20: of uncertain origin

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