commodatumn.
/kɒməˈdeɪtəm/, U.S. /ˌkɑməˈdeɪdəm/, /ˌkɑməˈdɑˌtʊm/ Chiefly Roman Law and Scots Law.
A loan for use, made free of charge, on condition that the borrower returns the property loaned in the same condition in which it was received. Also as a mass noun: lending of this type. Cf. commodate n., commodation n.1
ΘΚΠ
the mind > possession > giving > lending > [noun] > (a) loan
loanc1290
commodatum1572
lendc1575
mutuation1604
commodate1728
service1810
accommodation1823
rub1902
1572 T. Wilson Disc. Vsurye f. 88 There is, also Commodatum, a lendinge without alteracion of the propertie, the owner remayning still lorde of that hee did lend, & this lending is free without any gain at al.
1681 J. Dalrymple Inst. Law Scotl. i. x. 133 Precarium is a kind of commodatum, differing in this, that Commodatum hath a determinat time.
a1732 J. Ayliffe New Pandect Rom. Civil Law (1734) Index Of a Depositum,..how it differs from a Mutuum and a Commodatum.
1733 J. Innes Idea Juris Scotici ii. 49 Loan or Commodatum..is the Gratuitous Concession of the Use of a Thing.
1851 J. Bouvier Inst. Amer. Law I. §709. 275 A gratuitous contract is one by which one of the parties procures for the other an advantage without any benefit to himself, such as commodatum, deposit, mandate, [etc.].
1882 R. Bithell Counting-house Dict. 72 Commodatum in mercantile law signifies a loan of such things as are expected to be returned, and not to be repaid or replaced by an equivalent.
1911 H. E. Willis Farmers' Man. Law xviii. 244 Gratuitous bailments are classified as for the benefit of the bailor including deposits and mandates, and for the benefit of the bailee including commodatums.
2015 Manila Times (Nexis) 4 July By agreeing to lend you his motorbike, you and your friend entered into a contract of loan. This contract is particularly called a commodatum.
This entry has been updated (OED Third Edition, January 2018; most recently modified version published online March 2022).
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n.1572