Definitions for: Bailment


[n] the delivery of personal property in trust by the bailor to the bailee



Webster (1913) Definition: Bail"ment, n.
1. (Law) The action of bailing a person accused.

Bailment . . . is the saving or delivery of a man
out of prison before he hath satisfied the law.
--Dalton.

2. (Law) A delivery of goods or money by one person to
another in trust, for some special purpose, upon a
contract, expressed or implied, that the trust shall be
faithfully executed. --Blackstone.

Note: In a general sense it is sometimes used as
comprehending all duties in respect to property.
--Story.

See Also: delivery, legal transfer, livery

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