gazump

Meanings

1. To swindle; to extort.
2. To raise the selling price of something (especially property) after previously agreeing to a lower one.
3. To buy a property by bidding more than the price of an existing, accepted offer.
4. To trump or preempt; to reap the benefit underhandedly from a situation that someone else has worked to create.

1. The act of gazumping.

1. An automobile.
2. A politician who takes bribes.

Etymology

Possibly from Yiddish גזלן (gazlen, “thief, bandit”).