From Longman Dictionary of Contemporary Englishpass something ↔ up phrasal verbNOT DO somethingto not make use of a chance to do somethingpass up a chance/opportunity/offer I don’t think you should pass up the opportunity to go to university. → pass→ See Verb table
Examples from the Corpus
pass up• Am I silly to pass this offer up?• Even in winter the view was magnificent, and John Lazarus had no intention of passing it up.• In addition, the pass rates go up and down like a yo-yo.• A passing driver picked up Bailey, who was alone, and drove him home to nearby Oakville.• Near Kaesong and Panmunjom, we passed roadblocks set up by the military.• Informed by the two farmers, local authorities passed the information up the chain of command.• The Fragment is then inserted in a subsequent pass to make up the complete published data. 4.• He wanted to pass us up the line of responsibility.pass up a chance/opportunity/offer• I passed up chances for field goals just to give us a chance to work on that.• Benny wasn't going to pass up an opportunity like this.• To refuse a debate would be to pass up an opportunity to breathe a little new life into democracy.• It passes up a chance to learn and grow.From Longman Business Dictionarypass up phrasal verb [transitive] pass up a chance/opportunity/offer etc to not use the chance etc to do or have something when it is offeredYou wonder, when you pass up a deal like that, whether you’ll ever get one again.Even careful consumers are finding these bargains too good to pass up. → pass→ See Verb table 