Open Dictionary word of the week: gazanging

Posted by on October 05, 2011

gazanging (noun)

when a seller pulls out of a house sale at the very last minute
Gazanging is something that’s on the up. The seller accepts an offer, but then decides to pull out and stay put, leaving a very unhappy buyer and a broken property chain.
(Submitted from United Kingdom)

A new word emerges following on the heels of gazumping and gazundering. All three are words referring to potential pitfalls in the property market. Word Spy explains it all very nicely here.

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