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bailment

American  
[bayl-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:

Another kind of bailment is the hiring of property for a reward.

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

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 Jacob Abbott

It is desirable to prove the native origin of our law of bailment, in order that, when theory comes to be considered, modern German opinion may not be valued at more than its true worth.

From The Common Law by Oliver Wendell Holmes

HIRE-PURCHASE AGREEMENT, in the law of contract, a form of bailment of goods, on credit, which has extended very considerably of late years.

From Encyclopaedia Britannica, 11th Edition, Volume 13, Slice 5 "Hinduism" to "Home, Earls of" by Various

On the other hand, if Rollo had a right to the dipper then, and he let Henry have it, as a favor to him, then, in that case, the bailment was for Henry’s benefit.”

From Rollo's Museum by Jacob Abbott

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