verb
gazump
Gazump (verb) means to swindle; to extort.
verb
1
To swindle; to extort.
2
To raise the selling price of something (especially property) after previously agreeing to a lower one.
3
To buy a property by bidding more than the price of an existing, accepted offer.
4
To trump or preempt; to reap the benefit underhandedly from a situation that someone else has worked to create.
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Etymology
Possibly from Yiddish גזלן (gazlen, “thief, bandit”).
Frequently asked questions
What is the meaning of gazump?
"gazump" (verb) means to swindle; to extort.
What are the different meanings of gazump?
"gazump" has 3 main meanings: 1. To swindle; to extort; 2. To raise the selling price of something (especially property) after previously agreeing to a lower one; 3. To buy a property by bidding more than the price of an existing, accepted offer.