Associations to the word «Gazump»

Wiktionary

GAZUMP, verb. (British) To swindle; to extort.
GAZUMP, verb. (British) (Australia) (real estate) To raise the selling price of something (especially property) after previously agreeing to a lower one.
GAZUMP, verb. (British) (Australia) (real estate) To buy a property by bidding more than the price of an existing, accepted offer.
GAZUMP, verb. (British) (Australia) To trump or preempt; to reap the benefit underhandedly from a situation that someone else has worked to create.
GAZUMP, noun. (US) (slang) (dated) An automobile.
GAZUMP, noun. A politician who takes bribes.

Dictionary definition

GAZUMP, verb. Rip off; ask an unreasonable price.
GAZUMP, verb. Raise the price of something after agreeing on a lower price.

Wise words

Language is a process of free creation; its laws and principles are fixed, but the manner in which the principles of generation are used is free and infinitely varied. Even the interpretation and use of words involves a process of free creation.
Noam Chomsky