noun
LawAn act of delivering goods to a bailee for a particular purpose, without transfer of ownership.
‘a contract of hire is a species of bailment’- ‘Was the bailment ended when the pallets were delivered to Alba's customers?’
- ‘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.’
- ‘The document that Maple City received was a bailment form.’
- ‘A bailment requires the producer to exercise due care toward the goods held.’
- ‘A deposit of money is not confined to a bailment of specific currency to be returned in specie.’
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