BAILMENT
bailment
(noun) the delivery of personal property in trust by the bailor to the bailee
Source: WordNet® 3.1
Etymology
Noun
bailment (plural bailments)
(obsolete) Bail.
(legal) 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.
Hypernyms
• (in law): contract
Hyponyms
• (in law): deposit
• (in law): loan
• (in law): mandate
• (in law): pawn
• (in law): pledge
Anagrams
• Main Belt, bimental, libament, main belt, mintable
Source: Wiktionary
Bail"ment, n.
1. (Law)
Definition: 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)
Definition: 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.
Source: Webster’s Unabridged Dictionary 1913 Edition