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Gazump

//ɡəˈzʌmp// noun, verb, slang

Noun

1
The act of gazumping. Australia, British
2
An automobile. US, dated, slang
""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."
3
A politician who takes bribes.
"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."

Verb

1
To swindle; to extort. British
2
raise the price of something after agreeing on a lower price wordnet
3
To raise the selling price of something (especially property) after previously agreeing to a lower one. Australia, British
"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."
4
rip off; ask an unreasonable price wordnet
5
To buy a property by bidding more than the price of an existing, accepted offer. Australia, British
"I can disclose that Mrs Blair had an offer of £2,765,000 accepted on a five-storey Georgian house in a fashionable area of central London, which she planned to give to daughter Kathryn.¶ However, actress Talulah Riley, 31, who played spoiled Annabelle Fritton in two St Trinian’s films, gazumped her with an offer of £3 million — a staggering £235,000 more than the asking price."

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6
To trump or preempt; to reap the benefit underhandedly from a situation that someone else has worked to create. Australia, British
"The tactic was to gazump the Labour Party and the FOL by a major restructuring of the tax system."

Etymology 1

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

Etymology 2

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

Unscramble this word: gazump