caveat emptor


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Related to caveat emptor: Caveat lector

caveat emp·tor

 (ĕmp′tôr′)
n.
The axiom or principle in commerce that the buyer alone is responsible for assessing the quality of a purchase before buying.

[From Latin caveat ēmptor, let the buyer beware : caveat, third person sing. present subjunctive of cavēre, to beware + ēmptor, buyer.]

caveat emptor

(ˈɛmptɔː)
n
(Law) the principle that the buyer must bear the risk for the quality of goods purchased unless they are covered by the seller's warranty
[Latin: let the buyer beware]

ca′veat emp′tor

(ˈɛmp tɔr)
let the buyer beware: the principle that the seller of a product cannot be held responsible for its quality unless it is guaranteed in a warranty.
[1515–25; < Latin]

caveat emptor

A Latin phrase meaning let the buyer beware, used to mean the idea that a buyer must not assume that the quality of a purchase is guaranteed .
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.caveat emptor - a commercial principle that without a warranty the buyer takes upon himself the risk of quality
precept, principle - rule of personal conduct
Translations

caveat emptor

n (Jur) → Ausschluss mder Gewährleistung
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References in periodicals archive ?
Where politician's promises are concerned, it's 'caveat emptor', (buyer beware).
Caveat emptor (buyer beware) is never so pertinent as when cut-price slogans are bandied about, as what is on offer can include old or excess stock, or goods that can be bought for less at other times of the year.
CRIMINAL OFFENCE The caveat emptor comes after the High Court nullified the transfer of approximately 88 acres of land to Ms Koinange and ordered her to surrender the title deed to the court within 14 days.
More so than any other market, the Pakistani land market has encapsulated the term 'caveat emptor' or as it is more commonly known, 'buyer beware'.
(4) The holdings in both of these cases have all but put the nail in the coffin for the age old doctrine of caveat emptor, and replaced "buyer beware" with "seller disclosure." (5) The holdings of Reed and Stambovsky have left states to interpret what constitutes a material defect necessitating disclosure by a seller in residential real estate transactions.
THE Department of Tourism (DOT) has issued a caveat emptor regarding the activities or events under the Buhay Carinderia Redefined project.
Answer: Are you familiar with the term caveat emptor? I will quote Investopedia so I don't get anything wrong: 'Caveat emptor is a neo-Latin phrase meaning 'Let the buyer beware.' It is a principle of contract law in many jurisdictions that places the onus on the buyer to perform due diligence before making a purchase...
The company's legal team is continuing to work with the OTC Markets Group toward the removal of the Caveat Emptor designation.
The company's stock was trading at around $5 on Thursday morning, up 5.5 percent from the previous day's close, but downsince late February,whenSolarWindow wasdesignated caveat emptor on the OTC Markets Group's Pink platform.
Most of us are aware of the concept of caveat emptor or "let the buyer beware", which is practically known as "sold as is".
"Like in any business, whether it's the stock market or auto mobiles, you surround yourself with people you trust and always heed the maxim 'caveat emptor' - let the buyer beware."