bailment

Noun

Open English WordNet

Noun (1)

  1. the delivery of personal property in trust by the bailor to the baileeType of delivery, livery

Related words bail verb

Word of the day · Sep 29About this word
haphazardadjective

What does it mean? Question 1 of today’s quiz

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Webster's Dictionary (1913)

Bail′ment (…), noun

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.— John Call 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, Sir William

☞ In a general sense it is sometimes used as comprehending all duties in respect to property. Joseph Story

Webster’s Revised Unabridged Dictionary (1913), from GCIDE 0.54

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