bailment Meaning, Definition & Usage

  1. noun the delivery of personal property in trust by the bailor to the bailee

WordNet

Bail"ment noun
Definitions
  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. Blackstone. ✍ In a general sense it is sometimes used as comprehending all duties in respect to property. Story.

Webster 1913