gazump

ga·zump

[guh-zuhmp] British Slang.
verb (used with object)
1.
to cheat (a house buyer) by raising the price, at the time a contract is to be signed, over the amount originally agreed upon.
noun
2.
an act of gazumping.

Origin:
1925–30; earlier gazoomph to swindle, argot word of uncertain origin

ga·zump·er, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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World English Dictionary
gazump (ɡəˈzʌmp) [Click for IPA pronunciation guide]
 
vb
1.  to raise the price of something, esp a house, after agreeing a price verbally with (an intending buyer)
2.  (tr) to swindle or overcharge
 
n
3.  the act or an instance of gazumping
 
[C20: of uncertain origin]
 
ga'zumper
 
n

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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00:10
Gazump is one of our favorite verbs.
So is absquatulate. Does it mean:
to flee; abscond:
to swindle, cheat, hoodwink, or hoax.
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