Legal Definition and Related Resources of Emptio et venditio
Meaning of Emptio et venditio
(Lat. buying and selling). In Roman law. The contract of sale. Sometimes it was compounded, emptio-venditio,
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This definition of Emptio Et Venditio is based on the The Cyclopedic Law Dictionary . This entry needs to be proofread.
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Concept of “Emptio et Venditio”
Traditional meaning of emptio et venditio in English (with some legal use of this latin concept in England and the United States in the XIX Century) [1]: (in Latin) Purchase and sale. Emptor: a purchaser. Emptor emit quam minimo potest, venditor vendit quam maximo potest: the purchaser buys for as little, the seller sells for as much, as he can.
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Notes and References
- Based on A Concise Law Dictionary of Words, Phrases and Maxims, “Emptio et Venditio”, Boston: Little, Brown, and Company, 1911, United States. It is also called the Stimson’s Law dictionary. This term and/or definition may be absolete.
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