BAILMENT Definition & Meaning

bailment

[ beyl-muhnt ]

Phonetic (Standard)IPA

noun

Law.

the delivery of personal property returnable to the bailor after being held for some purpose.

bailment

/ ˈ��ɪ��ə�Գ� /

noun

contract law a contractual delivery of goods in trust to a person for a specific purpose
criminal law the act of granting bail

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�y��vlog History and Origins

Origin of bailment¹

1545–55; earlier bailement < Anglo-French; Old French baillement. See bail ¹, -ment

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Example Sentences

Examples have not been reviewed.

In short, the investors argued this was not really a sale, but something more like a “bailment,” or the delivery of something without a transfer of ownership.

From

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

Pledging and letting for hire are species of bailment.

From

The whole process is merely one of bailment.

From

At the expiration of the bailment he must deliver the machine to the owner or person authorized by him to receive it, and is liable if neglecting or refusing.

From

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