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Table of Contents -- bailment POS
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bailment

Noun

bail=ment

WORDNET DICTIONARY

bailment(n = noun.act) - the delivery of personal property in trust by the bailor to the bailee;

Derived form verb bail₂

bailment, n.

The action of bailing a person accused. [1913 Webster]
"Bailment . . . is the saving or delivery of a man out of prison before he hath satisfied the law." [1913 Webster]
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. [1913 Webster]
" In a general sense it is sometimes used as comprehending all duties in respect to property." Story. [1913 Webster]

bailment, n. the act of delivering goods etc. for a (usu. specified) purpose.