"El Pelado is a defender with great technique, dynamism and flexibility, being able to play both in a central position and on the flanks, with an enviable eye for goal" Juve said on their website.
Caceres previously played for Juventus on a one-year loan from Barcelona in 2009 and then for over four years when he joined the Italian club from Sevilla in 2012.
He spent the second half of the 2016-17 season at Southampton, making one appearance, and last term at Verona, who were relegated. He has played eight times for Lazio since joining them in the close season.
Juve, who are 11 points clear of second-placed Napoli in the standings, visit Atalanta in the Italian Cup quarter-finals on Wednesday and host mid-table Parma in Serie A on Saturday.
(Reporting by Silvia Recchimuzzi in Gdynia; editing by Ken Ferris)
