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more about bailment
bailment |
2 definitions found From Webster's Revised Unabridged Dictionary (1913) [web1913]: Bailment \Bail"ment\, n. 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. --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. Note: In a general sense it is sometimes used as comprehending all duties in respect to property. --Story. From WordNet r 1.6 [wn]: bailment n : the delivery of personal property in trust by the bailor to the bailee
more about bailment