Emptor

Defined in 5 dictionaries — Ballentine's (1916), Black's (1910), Kinney (1893), Black's (1891), Burrill (1850)

Ballentine's Law Dictionary

James A. Ballentine · 1916

A purchaser.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

Lat A buyer or purchaser. Used in the maxim "caveat emptor," let the buyer beware; i. e., the buyer of an articie must be on his guard and take the risks of his purchase. Emptor emit quam minimo potest, venditor vendit quam maximo potest. The buyer purchases for the lowest price he can; the seller sells for the highest price he can. 2 Kent, Comm. 486.

A Law Dictionary and Glossary

George C. Kinney · 1893

Lat. A purchaser. Emptor emit quam minimo potest, venditor vendit quam maximo potest: the buyer purchases for the lowest price he can, the seller sells for the highest price he can. Emptor tenetur venditori ad pretium, et venditor emptori, e converso, ad ipsam rem tradendam: the buyer is bound to the seller for the price, and the seller, e converso, to the buyer, to deliver the thing sold. See Caveat emptor.

In old English law. A purveyor.

A Dictionary of Law

Henry Campbell Black · 1891

A buyer or purchaser. Emptor emit quam minimo potest, venditor vendit quam maximo potest. The buyer purchases for the lowest price he can; the seller sells for the highest price he can. 2 Kent, Comm. 486.

A New Law Dictionary and Glossary

Alexander M. Burrill · 1850

Lat. [from emere, to buy.] A buyer or purchaser. Emptor tenetur venditori ad pretium, et venditor emptori, e converso, ad ipsam rem tradendam; the buyer is bound to the seller for the price, and the seller, e converso, to the buyer, to deliver the thing sold. Bract. fol. 61 b. Emptor emit quam minimo potest, venditor vendit quam maximo potest. The buyer purchases for the lowest price he can, the seller sells for the highest price he can. 2 Kent's Com. 486. The law does not interfere with the right of each party to make the best bargain for himself, where no imposition is practised. Id. ibid. The same maxim is cited to show that a person cannot act as agent for another to sell property, and become himself the purchaser. 4 Kent's Com. 438. Caveat emptor, (q. v.) Let the purchaser take care.