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Meaning of BAILMENT

Pronunciation:  'beylmunt

 
WordNet Dictionary
 
 Definition: 
[n]  the delivery of personal property in trust by the bailor to the bailee
 

BAILMENT is a 8 letter word that starts with B.

 

 See Also: delivery, legal transfer, livery

 

 

Webster's 1913 Dictionary
 
 Definition: 
\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.

 

 

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