Definition, Meaning & Synonyms
emptor
Noun
/ˈɛmptɔːr/
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Definition
A buyer or purchaser.
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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.
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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.
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Synonyms
- Buyer
- Purchaser
- Acquirer