Bailment A legal relationship in which one party (bailor) leaves personal property in the possession, and under the temporary control, of another (bailee).
Bailment definition:
The transfer of possession of something (by the bailor) to another person (called the bailee) for some temporary purpose (eg. repair or storage) after which the property is either returned to the bailor or otherwise disposed ...
Bailment describes a legal relationship in common law where physical possession of personal property (chattels) is transferred from one person (the 'bailor') to another person (the 'bailee') who subsequently holds possession of the property.
Bailment
(n) Bailment is the process by which the custody of a property is transferred to another person or legal entity for safe keeping of such property.
bailment
n. 1) the act of placing property in the custody and control of another, usually by agreement in which the holder (bailee) is responsible for the safekeeping and return of the property.
BAILMENT: A legal relationship created when a person gives property to someone else for safekeeping. To create a bailment the other party must knowingly have exclusive control over the property.
BAILMENT : The temporary transfer of personal property by one person in trust to another. The property is delivered for a special purpose with the understanding that it will be returned when the purpose of the bailment is carried out. ...
BAILMENT, contracts. This word is derived from the French, bailler, to deliver. 2 Bl. Com. 451; Jones' Bailm. 90 Story on Bailm. c. 1, §2. It is a compendious expression, to signify a contract resulting from delivery.
Bailment
Transfer of possession (of something) by the bailor to another person called the bailee, for some temporary purpose (eg. storage), ...
Bailment for hire
Definition
: a bailment that either benefits both parties or only the bailee
esp
: one in which the bailee receives compensation ...
Bailment
A transfer of possession of a chattel from a bailor to a bailee without transfer of legal or equitable title. A bailor can demand the return of the property at any time from the bailee.
Bailee One who accepts tender of a bailment. Bailiff An officer of the court, usually a sheriff's deputy, whose duty is to protect everyone within the court and to carry out every order of the judge.
TOP Bailee : The person who receives property through a contract of bailment, from the bailor, and who may be committed to certain duties of care towards the property while it remains in his or her possession.
this action the defendant frequently prayed garnishment of a third person, whom he alleged owned or had an interest in the thing demanded; but this he could not do without confessing the possession of the thing demanded, and made privity of bailment.
 See also: Person, Property, Law, Possession, Court
  
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