A more thorough explanation:

Definition: A caveatee is a person whose interest is challenged by a caveat. A caveat is a legal notice that someone has a claim or objection to something, such as a will.

Example: If a person's will is being contested, the people who stand to inherit from the will are the caveatees. They are the ones whose interests are being challenged by the person who filed the caveat.

Explanation: The example illustrates how a caveatee is someone who has a stake in a legal matter that is being challenged by a caveat. In this case, the caveatee's right to inherit from a will is being contested by someone who has filed a legal notice claiming that the will is invalid. The caveatee may need to hire a lawyer to defend their interests in court.