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Caveat Venditor

 
Banking Dictionary: Caveat Venditor

Latin for "let the seller beware." Financial institutions selling loans in the Secondary Market are bound by written agreement to see that loans delivered to a buyer are documented properly and meet contract specifications. The opposite of caveat emptor (let the buyer beware).

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Banking Dictionary. Dictionary of Banking Terms. Copyright © 2006 by Barron's Educational Series, Inc. All rights reserved.  Read more