1. to reduce an offer on a property after agreeing to a higher price but before the sale is finalized
Usage: British English; informal; past tense of gazunder

Examples

• The buyer gazundered on the house deal just days before closing.
• After the home inspection revealed problems, they gazundered by lowering their offer by £20,000.
• She was furious when the purchaser gazundered at the last minute.
• The seller refused to accept the gazundered offer and walked away from the transaction.
• He gazundered because the market had shifted in his favor.