0 past simple and past participle of gazump --
1 to refuse to sell a house that you own to someone you have agreed to sell it to, and to sell it instead to someone who offers to pay more for it: --
It will save many young people the misery of seeing their savings disappear as they are gazumped, and it will help elderly people seeking homes to which to retire.
Very often, when a local authority ought to have the opportunity to buy, it is gazumped by private interests because it is restricted in its expenditure by valuation control.
It is a national disgrace that local authorities, including my own, which require land for building council houses for rent, should be gazumped by greedy and speculative builders.
Is it not possible that the teachers may be driven to take some form of industrial action because they feel that in this matter they have been gazumped?
They explained that they would not like to be gazumped for £500.
That is rather like being gazumped in reverse.
Is she aware that the national health service may be gazumped by a private bidder?
He can obtain no answer from the building firm about whether his plot will be gazumped.
