Definition of Caveat Emptor

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TeachMeFinance.com - explain Caveat Emptor



caveat emptor -- Latin for "let the buyer beware." It refers to the sale of something of value, without a warranty from the seller. The buyer takes all risk of any loss in case of defects in the item sold.

another definition...

Caveat Emptor -- Let the buyer beware, which is to say the purchaser buys at his own risk.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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