Definition of gazumping noun from the Oxford Advanced Learner's Dictionary

 

gazumping

 noun
noun
BrE BrE//ɡəˈzʌmpɪŋ//
 
; NAmE NAmE//ɡəˈzʌmpɪŋ//
 
[uncountable](British English)
 
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the act of no longer accepting somebody's offer to pay a particular price for a house, because somebody else has made a higher offer compare gazunder

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