Definition of gazunder in English:

gazunder

Line breaks: gaz|un¦der
Pronunciation: /gəˈzʌndə
 
/

verb

[with object] British informal
  • Lower the amount of an offer that one has made to (the seller of a property), typically just before the exchange of contracts: the couple have just been gazundered in one of London’s most expensive areas
    More example sentences
    • Whereas gazumping gave sellers the upper hand, allowing them to accept 11 th hour bids above the original offer, gazundering turns the tables on them.
    • A new home buying process offered by estate agents has been launched that claims make the process quicker, and prevent gazumping or gazundering with comparable costs to the conventional system.
    • Gazumping and gazundering sound contagious - do I really want to buy a flat?

Origin

late 1980s: humorous blend of gazump and under.

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