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bailment

American  
[beyl-muhnt] / ˈbeɪl mənt /

noun

Law.
  1. the delivery of personal property returnable to the bailor after being held for some purpose.


bailment British  
/ ˈbeɪlmənt /

noun

  1. contract law a contractual delivery of goods in trust to a person for a specific purpose

  2. criminal law the act of granting bail

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of bailment

1545–55; earlier bailement < Anglo-French; Old French baillement. See bail 1, -ment

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

Agistment, or the taking in of cattle or live stock to feed at a rate of so much per head, is a contract of bailment.

From The New Gresham Encyclopedia. Vol. 1 Part 3 Atrebates to Bedlis by Various

If the defendant was a servant not having control over the goods, he might not fall within the law of bailment, and factors are treated on the footing of servants in the early law.

From The Common Law by Oliver Wendell Holmes

Bailment, in law, is a delivery of goods, in trust, upon agreement that the trust shall be executed, and the goods restored by the bailee, when the purpose of the bailment shall have been, answered.

From The Government Class Book Designed for the Instruction of Youth in the Principles of Constitutional Government and the Rights and Duties of Citizens. by Andrew W. Young

Mutuum, mū′tū-um, n. a bailment consisting of a loan of goods for consumption, as corn, coal, &c., to be returned in goods of the same amount.

From Chambers's Twentieth Century Dictionary (part 2 of 4: E-M) by Various

The law relating to such transactions is called the law of bailment.

From Rollo's Museum by Jacob Abbott

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