Definition of Bailment
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
.
Related Words
bail
,
delivery
,
legal
transfer
,
livery
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