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WordNet (r) 3.0 (2005)

v
1: rip off; ask an unreasonable price [syn: overcharge, soak, surcharge, gazump, fleece, plume, pluck, rob, hook] [ant: undercharge]
2: raise the price of something after agreeing on a lower price

Oxford Reference Dictionary

v.tr. (also absol.) Brit. colloq. 1 (of a seller) raise the price of a property after having accepted an offer by (an intending buyer). 2 swindle. Derivatives: gazumper n. Etymology: 20th c.: orig. uncert.

Collin's Cobuild Dictionary

(gazumps, gazumping, gazumped) 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. (BRIT INFORMAL) In France you cannot be gazumped... VERB: usu passive, be V-edgazumping During the 1980s property boom, gazumping was common.





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