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

gazumping

noun
 
/ɡəˈzʌmpɪŋ/
 
/ɡəˈzʌmpɪŋ/
[uncountable] (British English)
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  1. the act of no longer accepting somebody's offer to pay a particular price for a house, because somebody else has made a higher offerTopics Houses and homesc2 compare gazunder

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