Emptor
/ˈɛmp.tɔːr/
Meaning & Definition
noun
A buyer or purchaser, especially in a legal or contractual context, often highlighted in the phrase 'caveat emptor', meaning 'let the buyer beware'.
In real estate transactions, the role of the emptor comes with the responsibility of understanding the property's condition.
One who purchases goods or services.
The emptor must always check the warranty before completing the purchase.
A person or entity that engages in a transaction to acquire property or services.
As an emptor, she conducted thorough research on the car's history before making her purchase.
In contract law, refers to the individual or entity entering into a sales agreement.
The emptor's rights are protected by various consumer protection laws.
Etymology
Latin, meaning 'buyer'.
Common Phrases and Expressions
caveat emptor
let the buyer beware; the buyer is responsible for due diligence.
suitable for an emptor
appropriate or desirable for a buyer.
emptor's choice
the decision made by the buyer in a purchasing context.
Related Words
seller
a person or entity that sells goods or services.
transaction
the act of buying or selling something.
consideration
something of value exchanged in a transaction.
Slang Meanings
A savvy buyer who knows how to negotiate.
He's a real emptor; he always gets the best deals.
A buyer who does not do their homework before a purchase.
Don't be an emptor; research the product before buying.