gazumping
noun [ U ] UK informal uk/ɡəˈzʌm.pɪŋ/ us/ɡəˈzʌm.pɪŋ/
(房价议定后因他人出价更高而发生的)毁约
the practice of refusing to sell a house to someone after you have agreed to sell it to them, and selling it instead to someone who offers to pay more
During the 1980s, practices like gazumping gave the property business in England a bad name. 20世纪80年代,在房价议定后又因有人出价更高而毁约的做法给英国的房地产行业带来了坏名声。
An end to gazumping will also help home buyers. 禁止房价议定后又因有人出价更高而毁约的做法也将有助于购房者。
See: gazump
- More examples
- The conveyancing website aims to cut gazumping and the stress of moving home.
- Would-be tenants were left stranded as gazumping hit the rental market.
- The bill is intended to speed up transactions and reduce gazumping.