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Caveat emptor - 6 dictionary results

ca⋅ve⋅at emp⋅tor

[kav-ee-aht emp-tawr, -at, kah-vee-, key-; Lat. kah-we-aht emp-tohr] .
–noun
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.

Origin:
1515–25; < L
caveat emp·tor   (ěmp'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 [(kav-ee-aht, kah-vee-aht emp-tawr)]

Latin for “Let the buyer beware.” It means that a customer should be cautious and alert to the possibility of being cheated: “Caveat emptor is the first rule of buying a used car.”


Caveat Emptor

Another way to say, "let the buyer beware."

Investopedia Commentary

In other words, consumers need to know their rights and be vigilant in avoiding scams.

Related Links

Investment Scams Tutorial
The Biggest Stock Scams Of All Time

See also: Bre-X, Bucket Shop, Ponzi Scheme, Salad Oil Scandal, ZZZ Best


Main Entry: caveat emp·tor
Pronunciation: -'emp-t&r, -"tor
Function: noun
Etymology: New Latin, may the buyer beware
: a principle in commercial transactions: without a warranty the buyer takes the risk as to the condition of the property or goods —compare products liability at LIABILITY 2b, WARRANTY

caveat emptor

(Latin: "let the buyer beware"), in the law of commercial transactions, principle that the buyer purchases at his own risk in the absence of an express warranty in the contract

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