Bailment

Bail"ment

(), n. 1. (Law) The action of bailing a person accused.
[1913 Webster]

Bailment . . . is the saving or delivery of a man out of prison before he hath satisfied the law.
Dalton.
[1913 Webster]

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.
[1913 Webster]

In a general sense it is sometimes used as comprehending all duties in respect to property. Story.
[1913 Webster]

 

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Thu 13th December 2018