Bailment
Definition & Meaning
Part of speech noun
Quick meaning: Bailment is a noun meaning (law) The handing over of control over, or possession of, personal property by one person, the bailor, to another, the bailee, for a specific purpose upon which the parties have agreed.
Meaning
(law) The handing over of control over, or possession of, personal property by one person, the bailor, to another, the bailee, for a specific purpose upon which the parties have agreed.
More Meanings
- (obsolete) Bail.
Word Forms
- bailments
Related Words
Related dictionary entries include bail, bailage, bayliff, inborrow, bain, embarkation.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
Dictionary data is provided by FreeDictionaryAPI.com and sourced from Wiktionary under its stated license.