caveat emptorcaveat emp·tor
let the buyer beware (i.e., one buys at one's own risk)
Origin of caveat emptorClassical Latin
The axiom or principle in commerce that the buyer alone is responsible for assessing the quality of a purchase before buying.
Origin of caveat emptorFrom Latin caveat &emacron;mptor, let the buyer beware : caveat, third person sing. present subjunctive of cav&emacron;re, to beware + &emacron;mptor, buyer.
caveat emptor - Investment & Finance Definition
A Latin term that means “let the buyer beware.” It is typically used in reference to consumer transactions.
caveat emptor - Legal Definition
Let the buyer beware. The legal principle that, unless the quality of a product is guaranteed in a warranty, the buyer purchases the product as it is and cannot hold another liable for any defects. Statutes and court decisions concerning products liability and implied warranties have substantially altered this rule.