caveat emptor

(noun)

Latin for "let the buyer beware"—the property law principle that controls the sale of real property after the date of closing, but may also apply to sales of other goods.

Related Terms

Examples of caveat emptor in the following topics:

  • Caveat Emptor and the Gallup Poll

    • Readers of polls, such as the Gallup Poll, should exercise Caveat Emptor by taking into account the poll's margin of error.
    • Caveat emptor is Latin for "let the buyer beware."
    • Generally, caveat emptor is the property law principle that controls the sale of real property after the date of closing, but may also apply to sales of other goods.

  • The Exponential Distribution

    • Similar caveats apply to the following examples which yield approximately exponentially distributed variables: