gazump

Found in Anh - Anh (Wordnet)

Definition Verb : 1. To raise the price of something, especially a house or property, after a verbal agreement has been made with a buyer but before the contracts are formally signed and exchanged. 2. (Informal, chiefly British) To swindle or overcharge someone. Usage The verb "gazump" is primarily used in the context of property transactions. It describes an unethical practice where a seller a...