Business Terms and Jargon Explained

What is Gazundering

This is where just before the exchange of contracts on a property takes place, the purchaser withdraws their previous offer and puts in a lower price. This happens when the property market is weak. The opposite situation to gazumping.

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Housing claim Scalability Cost Center
Credit Derivatives Entitled Vessel European Court of Justice
Abscond Gourde Brute force
Buy back Close company Kopek
TAR Charity Take offline
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adeem Accountancy Cash Flow Statement
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Closure Formal Deliverable Gazumping
Par delictum Refinance Quantize

Term created / updated 2005-09-05 19:30:38

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