How Do You Spell GAZUNDER?

Pronunciation: [ɡˈazʌndə] (IPA)

The word "gazunder" is an informal British slang term that refers to the act of lowering the price of a property just prior to its sale. The word is spelled phonetically in IPA as /ɡəˈzʌndə/. It is thought to have originated in the early 20th century and may have derived from the Yiddish word "gezunta," which means health. Gazundering is considered poor form and is generally frowned upon in the real estate industry.

GAZUNDER Meaning and Definition

  1. "Gazunder" is a seldom-used, informal verb that originated in the United Kingdom. It refers to the act of lowering or reducing a previously agreed-upon offer or price for a property, usually just before the exchange of contracts during a property purchase. This action is typically taken by the buyer, who decreases the offered price with the intention of securing a better deal for themselves, often at the expense of the seller.

    The term "gazunder" gained popularity in the housing market during the late 20th century, particularly during periods of economic instability or declining property values. It became more commonly used during times when buyers had the upper hand in negotiations due to surpluses of available properties or a decline in demand. Gazundering often occurs when a buyer intentionally takes advantage of a seller's vulnerable position, such as when the seller is motivated to sell quickly due to financial pressures or an urgent need to relocate.

    The act of gazundering can lead to frustration and disappointment for sellers, who may have invested significant time and effort towards securing the initial offer. This maneuver can undermine trust between the parties involved and potentially cause the transaction to fall through. In some cases, gazundering can create a domino effect, causing subsequent deals in a chain of property transactions to unravel.

    Overall, "gazunder" refers to the act of reducing a previously agreed-upon offer or price for a property, with a focus on the dynamics of buyer-seller negotiations in the real estate market.

Etymology of GAZUNDER

The word "gazunder" is a British slang term that originated in the early 20th century. It is a blend of two words: "gazump" and "under".

The word "gazump" comes from the Yiddish word "gazumph", which means "overcharge" or "cheat". It entered English in the late 19th century and was initially used in the context of real estate transactions, specifically when a seller accepted an offer and then increased the price before the sale was finalized.

The term "under" simply means below or beneath. When combined with "gazump", it created "gazunder", which describes a situation where a buyer lowers their offer just before the exchange of contracts, putting the seller in a difficult position.

Conjugate verb Gazunder

CONDITIONAL

I would gazunder
you would gazunder
he/she/it would gazunder
we would gazunder
they would gazunder

CONDITIONAL CONTINUOUS

I would be gazundering
you would be gazundering
he/she/it would be gazundering
we would be gazundering
they would be gazundering

CONDITIONAL PERFECT

I would have gazunder
you would have gazunder
he/she/it would have gazunder
we would have gazunder
they would have gazunder

CONDITIONAL PERFECT CONTINUOUS

I would have been gazundering
you would have been gazundering
he/she/it would have been gazundering
we would have been gazundering
they would have been gazundering

FUTURE

I will gazunder
you will gazunder
he/she/it will gazunder
we will gazunder
they will gazunder

FUTURE CONTINUOUS

I will be gazundering
you will be gazundering
he/she/it will be gazundering
we will be gazundering
they will be gazundering

FUTURE PERFECT

I will have gazundered
you will have gazundered
he/she/it will have gazundered
we will have gazundered
they will have gazundered

FUTURE PERFECT CONTINUOUS

I will have been gazundering
you will have been gazundering
he/she/it will have been gazundering
we will have been gazundering
they will have been gazundering

IMPERATIVE

you gazunder
we let´s gazunder

NONFINITE VERB FORMS

to gazunder

PAST

I gazundered
you gazundered
he/she/it gazundered
we gazundered
they gazundered

PAST CONTINUOUS

I was gazundering
you were gazundering
he/she/it was gazundering
we were gazundering
they were gazundering

PAST PARTICIPLE

gazundered

PAST PERFECT

I had gazundered
you had gazundered
he/she/it had gazundered
we had gazundered
they had gazundered

PAST PERFECT CONTINUOUS

I had been gazundering
you had been gazundering
he/she/it had been gazundering
we had been gazundering
they had been gazundering

PRESENT

I gazunder
you gazunder
he/she/it gazunders
we gazunder
they gazunder

PRESENT CONTINUOUS

I am gazundering
you are gazundering
he/she/it is gazundering
we are gazundering
they are gazundering

PRESENT PARTICIPLE

gazundering

PRESENT PERFECT

I have gazundered
you have gazundered
he/she/it has gazundered
we have gazundered
they have gazundered

PRESENT PERFECT CONTINUOUS

I have been gazundering
you have been gazundering
he/she/it has been gazundering
we have been gazundering
they have been gazundering