The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

EMPTIO REI SPERATAE Definition & Legal Meaning

Definition & Citations:

A purchase in the hope of an uncertain future profit; the purchase of a thing not yet inexistence or not yet in the possession of the seller, as, the cast of a net or a crop to begrown, and the price of which is to depend on the actual gain. On the other hand, if theprice is fixed and not subject to fluctuation, but is to be paid whether the gain begreater or less, it is called emptio spei. Mackeld. Rom. Law.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.