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Caveat Emptor

Discussion in 'Investing Glossary' started by Glossary, 26th Sep, 2006.

  1. Glossary

    Glossary Active Member

    12th Sep, 2006

    Literally: "let the buyer beware". Generally used to indicate that the onus is on the buyer to determine whether an item is fit or suitable for them to purchase. For any non-commodity item, it is a general rule worth taking into consideration in any transaction, especially when no warranty is offered or implied.

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