Definition, Meaning & Synonyms
emptor
Noun
/ˈɛmptɔːr/
Definition
A buyer or purchaser.
Examples
- In a real estate transaction, the emptor must ensure the property is free of defects.
- The concept of caveat emptor puts the responsibility on the emptor to thoroughly inspect the goods before buying.
Meaning
The term ’emptor’ is used in legal contexts to refer specifically to the buyer in a transaction, particularly in phrases like ‘caveat emptor’ which means ‘let the buyer beware’. This implies that the buyer assumes the risk associated with the purchase.
Synonyms
- Buyer
- Purchaser
- Acquirer