bailment
IPA: bˈeɪɫmʌnt
noun
- (obsolete) Bail.
- (law) The handing over of control over, or possession of, personal property by one person, the bailor, to another, the bailee, for a specific purpose upon which the parties have agreed.
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Examples of "bailment" in Sentences
- Still the case turned on the question of bailment.
- A horse had been left in bailment for proper care.
- A temporary transfer of possession is called a bailment.
- In later times, lawyers would talk of trover and bailment.
- A common example of bailment is leaving your car with a valet.
- The old common law held a bailee strictly liable for the bailment.
- Bailment is often regarded as the separation of ownership and possession.
- The Court looked at whether there was a bailment relationship but found none.
- Bailment is a typical common law concept and it is non existent in civil law.