Meaning of caveat emptor

ca•ve•at emp•tor

Pronunciation: (kav'ē-ät" emp'tôr, -at", kä'vē-, kā- Lat. kä'we-ät" emp'tōr). [key]
  1. let the buyer beware: the principle that the seller of a product cannot be held responsible for its quality unless it is guaranteed in a warranty.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.