How Do You Spell GAZUMP?

Pronunciation: [ɡˈazʌmp] (IPA)

The spelling of the word "gazump" may seem unusual, but it can be explained using IPA phonetic transcription. The word is pronounced /ɡəˈzʌmp/. The "g" is pronounced as in "go", the "a" is pronounced as in "but", the "z" is pronounced as in "zoo", the "u" is pronounced as in "hut", the "m" is pronounced as in "man", and the "p" is pronounced as in "pet". The meaning of the word is to cheat someone by raising the price of something previously agreed upon.

Meaning and Definition
Common Misspellings
Etymology
Similar spelling word
Conjugate verb
Basic Check Advanced Check

GAZUMP Meaning and Definition

  1. Gazump is a verb that is primarily used in British English, and it refers to the act of raising the price of a property during the process of buying or selling it, usually once an agreement has already been reached. The term is commonly used in the real estate industry and is associated with a situation where a buyer or seller reneges on a previously agreed-upon price and demands a higher price before finalizing the transaction. This often occurs due to market conditions changing, demand increasing, or other offers being made on the property.

    In essence, gazumping occurs when one party takes advantage of the vulnerable position of the other party by raising the price of the property unexpectedly and potentially unfairly. It can lead to disappointment, frustration, and financial loss for the affected party, as they may have invested time, effort, and money in the transaction only to have the terms altered at the last minute.

    The term "gazump" can also be used more broadly to describe a situation where someone is deceived, tricked, or swindled in any given context, although this usage is less common. It is important to note that gazumping is not a legal term, and the legality, ethics, and prevalence of this practice can vary depending on the jurisdiction and the specific circumstances.

Common Misspellings for GAZUMP

Etymology of GAZUMP

The word "gazump" originated in the United Kingdom and its etymology is interesting. It dates back to the early 20th century, specifically to the realm of real estate. Originally, gazump was used to describe a practice in property transactions where the seller accepted a higher offer from a different buyer after having already verbally accepted one offer.

The term is thought to have originated in the 1910s or 1920s and is believed to be a blend of two other words: "gazunder" and "hump". Gazunder referred to the opposite situation, where the buyer would reduce their offer just before the finalization of the deal. Hump, on the other hand, was a colloquial term used to describe swindling or cheating someone.

Similar spelling word for GAZUMP

Conjugate verb Gazump

CONDITIONAL

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

CONDITIONAL CONTINUOUS

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

CONDITIONAL PERFECT

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

CONDITIONAL PERFECT CONTINUOUS

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

FUTURE

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

FUTURE CONTINUOUS

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

FUTURE PERFECT

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

FUTURE PERFECT CONTINUOUS

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

IMPERATIVE

you gazump
we let´s gazump

NONFINITE VERB FORMS

to gazump

PAST

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

PAST CONTINUOUS

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

PAST PARTICIPLE

gazumped

PAST PERFECT

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

PAST PERFECT CONTINUOUS

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

PRESENT

I gazump
you gazump
he/she/it gazumps
we gazump
they gazump

PRESENT CONTINUOUS

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

PRESENT PARTICIPLE

gazumping

PRESENT PERFECT

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

PRESENT PERFECT CONTINUOUS

I have been gazumping
you have been gazumping
he/she/it has been gazumping
we have been gazumping
they have been gazumping
I would have gazumped
we would have gazumped
you would have gazumped
he/she/it would have gazumped
they would have gazumped

Infographic

Correct spelling for gazump
Add the infographic to your website: