The term 'BUYER caveat' is a legal phrase that refers to the warning given to a BUYER of goods or services. The two words that make up this phrase are 'EMPTOR' and 'WARN'. EMPTOR is a Latin word meaning 'BUYER' and WARN is an English word meaning 'to caution or advise against something'. Together, these two words form a phrase that is used to remind buyers to be aware of any potential risks associated with their purchase. This phrase is often used in contracts and other legal documents to ensure that buyers are aware of any potential risks before they make a purchase.