gazump

EnglishEdit

Etymology 1Edit

Possibly from גזלן (gazlen, thief, bandit).

VerbEdit

gazump (third-person singular simple present gazumps, present participle gazumping, simple past and past participle gazumped)

  1. (UK) To swindle; to extort.
  2. (UK, Australia, real estate) To raise the selling price of something (especially property) after previously agreeing to a lower one.
    • 1980, The Estates Gazette, Volume 256, Part 2, page 902,
      If one believes that morality plays no part in such a transaction, and that the law is all that prevails, then I believe society is the poorer. Clearly no surveyor refuses to act for a client who gazumps — but while the practice is legal it can hardly be described as moral, and the position of the surveyor is far from clear.
    • 1981, Geoffrey Chevalier Cheshire, M. P. Furmston, Cecil Herbert Stuart Fifoot, Cheshire and Fifoot's Law Of Contract, page 35,
      During the early 1970s however in a period of rapidly increasing house prices it came to appear unfavourable to buyers since it allowed the seller to ‘gazump’, that is to refuse to sign the formal contract unless the buyer would agree to an increased price.
  3. (UK, Australia, real estate) To buy a property by bidding more than the price of an existing, accepted offer.
  4. (UK, Australia) To trump or preempt; to reap the benefit underhandedly from a situation that someone else has worked to create.
    • 1995, Hugh Templeton, All Honourable Men: Inside the Muldoon Cabinet, 1975-1984, page 107,
      The tactic was to gazump the Labour Party and the FOL by a major restructuring of the tax system.
    • 2004, John McLeod, Postcolonial London: Rewriting the Metropolis, page 72,
      Just as Whymper effectively gazumps Mr Stone in taking credit for the Knights Companion scheme for ambitious ends, so too does this dangerous, multicultural, overcrowded version of London seem to be displacing the colonial fantasy of England by the novel's conclusion.
    • 2010, Fionn Davenport, Ireland, Lonely Planet ebook Edition, page 43,
      Fianna Fáil lost the 1948 general election to Fine Gael (as Cumann na Gael were now known), who proceeded to gazump the Republican credentials by leaving the British Commonwealth and officially declaring the Free State a republic.

See alsoEdit

Etymology 2Edit

NounEdit

gazump (plural gazumps)

  1. (US, slang, dated) An automobile.
    • 1884, Theta Delta Chi, The Shield: official publication of the Theta Delta Chi Fraternity, Volume 27, page 335,
      "Phoney" Thorpe, '06, and "Shorty" Winchester, '01, have been driving their "90 HP Gazumps" through the wilds of New Jersey, but otherwise keeping on the job.
    • 1915, Francis Joseph Reynolds, Master tales of mystery, Volume 1, page 373,
      Go out and hire the finest gazump that ever burned benzine.
  2. This word needs a definition. Please help out and add a definition, then remove the text {{rfdef}}.
    • 1918, The National provisioner, Volume 59, page 36,
      This year's crop of "nite bloomin' wood-be mayors" includes such famous gazumps as Mac Hoyne, Tom Carey, Barney Mullaney, possibly Carter H., Wilhelm Thompson, and the devil knows who else.
    • 1920, Carl Sandburg, Neighbors, Smoke and Steel, republished in 2002 The Complete Poems of Carl Sandburg, page 170,
      Fix it, you gazump, you slant-head, fix it.
Last modified on 16 April 2014, at 15:37