bailment Definition
the act of placing property in the temporary custody or control of another person.
Using bailment: Examples
Take a moment to familiarize yourself with how "bailment" can be used in various situations through the following examples!
Example
The bailment of the car to the mechanic was for the purpose of repair.
Example
The bailment of the artwork to the museum was for exhibition purposes.
Example
The bailment of the goods to the carrier was for transportation.
bailment Synonyms and Antonyms
Synonyms for bailment
Phrases with bailment
Example
The bailment for hire of the car to the rental company was for a fee.
a bailment that arises by operation of law, not by agreement between the parties
Example
The constructive bailment of the lost property to the finder was for the purpose of returning it to the owner.
a bailment where the bailee receives no compensation for their services
Example
The gratuitous bailment of the car to the friend was for temporary use.
Origins of bailment
from Old French 'bailler', meaning 'to deliver'
Summary: bailment in Brief
'Bailment' [ˈbeɪlmənt] refers to the act of temporarily entrusting property to another person. It is often done for a specific purpose, such as repair, exhibition, or transportation. Examples include 'The bailment of the car to the mechanic was for the purpose of repair.' 'Bailment' can be classified into types like 'bailment for hire,' where compensation is paid, and 'gratuitous bailment,' where there is no payment. 'Constructive bailment' is a type that arises by law, not by agreement.
