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Home > QFINANCE Dictionary > Definition of gazunder

Definition of

gazunder

Real Estate

undercut price verbally agreed earlier to agree verbally to buy at one price, but before the agreement becomes legally binding, to offer a lower price. Gazundering is usually associated with the real estate market, although it can occur in any market where the prices are falling rapidly.

Definitions of ’gazunder’ and meaning of ’gazunder’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’gazunder’ and other financial terms with our online QFINANCE Financial Dictionary.

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