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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.

They are so many attempts to state the duty of the bailee specifically, according to the nature of the bailment and of the object bailed.

From The Common Law by Holmes, Oliver Wendell

A thing may be bailed to you for your benefit; as, for instance, if James were to lend you his knife, the knife would be a bailment to you for your benefit.

From Rollo's Museum by Abbott, Jacob

This shows the truth of what I said before, that a great many of the disputes among boys arise from cases of bailment.

From Rollo's Museum by Abbott, Jacob

Since he did reclaim it, Rollo did perfectly right to give it up, fish and all; and as he did so, it was a bailment for the benefit of the bailee, that is, Henry.

From Rollo's Museum by Abbott, Jacob

He said he did not know any thing about bailment, except bailing out boats—he had never heard of bailing fishes.

From Rollo's Museum by Abbott, Jacob

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