EMPTIO

emptio (emp-shee-oh), n. [Latin “purchase”] Roman & civil law. The act of buying; a purchase. — Also spelled emtio. Pl. emptiones. emptio bonorum (b[schwa]-nor-[schwa]m). [Latin “purchase of goods”] A type of forced assignment for the benefit of creditors, involving a public sale of an insolvent debtor’s estate whereby the purchaser succeeded to all the debtor’s […]