Definition of bailment in English:
bailment
noun ˈbeɪlm(ə)ntˈbeɪlmənt
Law An act of delivering goods to a bailee for a particular purpose, without transfer of ownership.
a contract of hire is a species of bailment
Example sentencesExamples
- A bailment requires the producer to exercise due care toward the goods held.
- The document that Maple City received was a bailment form.
- This seems to be the case where the bailment is revocable by the bailor at his pleasure either unconditionally or upon a condition which he may satisfy at will.
- Was the bailment ended when the pallets were delivered to Alba's customers?
- A deposit of money is not confined to a bailment of specific currency to be returned in specie.