What Does It Mean to Be Gazumped?

Gazumped is a slang term that originated in the UK and is used to describe a situation where someone has been outbid or outmaneuvered, especially in the context of buying a house or property. The term is often used to express disappointment or frustration at being beaten to a desirable item or opportunity.
For example, if someone was bidding on a house and was outbid by another party, they might say "I was gazumped!" to express their disappointment. The term can also be used more broadly to describe any situation where someone feels they have been overtaken or left behind.
The word "gazump" is a combination of the words "gaze" and "trump," and it is thought to have originated in the 1960s as a slang term used in the UK's property market. It has since become more widely used and is now understood in many parts of the world.