What does caveat emptor mean?

Definitions for caveat emptor
ˈɛmp tɔrcaveat emp·tor

This dictionary definitions page includes all the possible meanings, example usage and translations of the word caveat emptor.

Princeton's WordNet

  1. caveat emptornoun

    a commercial principle that without a warranty the buyer takes upon himself the risk of quality

Wikipedia

  1. Caveat emptor

    Caveat emptor (; from caveat, "may he/she beware", a subjunctive form of cavēre, "to beware" + ēmptor, "buyer") is Latin for "Let the buyer beware". It has become a proverb in English. Generally, caveat emptor is the contract law principle that controls the sale of real property after the date of closing, but may also apply to sales of other goods. The phrase caveat emptor and its use as a disclaimer of warranties arises from the fact that buyers typically have less information than the seller about the good or service they are purchasing. This quality of the situation is known as 'information asymmetry'. Defects in the good or service may be hidden from the buyer, and only known to the seller. It is a short form of Caveat emptor, quia ignorare non debuit quod jus alienum emit ("Let a purchaser beware, for he ought not to be ignorant of the nature of the property which he is buying from another party.") I.e. the buyer should assure himself that the product is good and that the seller had the right to sell it, as opposed to receiving stolen property. A common way that information asymmetry between seller and buyer has been addressed is through a legally binding warranty, such as a guarantee of satisfaction.

ChatGPT

  1. caveat emptor

    Caveat emptor is a Latin term that translates to "let the buyer beware." It is a principle in commerce that places the responsibility of due diligence on the buyer, suggesting that the buyer is responsible for verifying the quality, suitability, and condition of a product or service before making a purchase. If the buyer fails to do so, then they cannot seek compensation if the product or service doesn't meet their expectations or is faulty. The principle often applies in situations where no warranty is given.

Wikidata

  1. Caveat emptor

    Caveat emptor is Latin for "Let the buyer beware". Generally, caveat emptor is the property law principle that controls the sale of real property after the date of closing, but may also apply to sales of other goods.

Matched Categories

How to pronounce caveat emptor?

How to say caveat emptor in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of caveat emptor in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of caveat emptor in Pythagorean Numerology is: 4

Examples of caveat emptor in a Sentence

  1. Joshua Barrett:

    When you look out your front door and you see three bars and a sign that says ‘ Live Bait ’ and you look at your neighbors houses an they’re just not the same quality of home that you’re buying or you’re renovating I think caveat emptor ; I think it’s buyer beware, i ’m a little disappointed in that. I think it’s not fair.

  2. Christopher Ross:

    I don't want to pour cold water on what might be a valid new source of funding, but from the investor's point of view I would say a very strong caveat emptor (buyer beware).


Translations for caveat emptor

From our Multilingual Translation Dictionary

Get even more translations for caveat emptor »

Translation

Find a translation for the caveat emptor definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"caveat emptor." Definitions.net. STANDS4 LLC, 2024. Web. 28 Mar. 2024. <https://www.definitions.net/definition/caveat+emptor>.

Discuss these caveat emptor definitions with the community:

0 Comments

    Are we missing a good definition for caveat emptor? Don't keep it to yourself...

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Browse Definitions.net

    Quiz

    Are you a words master?

    »
    a vigorous blow
    A staff
    B rogue
    C bash
    D disguise

    Nearby & related entries:

    Alternative searches for caveat emptor: