Share this entry
bailment Line breaks: bail|ment
Pronunciation: /ˈbeɪlm(ə)nt/

Definition of bailment in English:


An act of delivering goods to a bailee for a particular purpose, without transfer of ownership: a contract of hire is a species of bailment
More example sentences
  • 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.
Definition of bailment in:
Share this entry

What do you find interesting about this word or phrase?

Comments that don't adhere to our Community Guidelines may be moderated or removed.

Subscribe to remove adverts and access premium resources