caveat emptor - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “caveat emptor”

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caveat emptor

noun [U]
 
 
LAW
the principle that it is the buyer's responsibility, not the seller's, to find out if there is anything wrong with what they are being sold: Private sales of houses are subject to the doctrine of caveat emptor.
(Definition of caveat emptor from the Cambridge Business English Dictionary © Cambridge University Press)
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