agreement of bailment

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• bailment — bail·ment / bāl mənt/ n [Anglo French bayllment, from bailler to hand over see bail]: the transfer of possession but not ownership of personal property (as goods) for a limited time or specified purpose (as transportation) such that the… …   Law dictionary

• Bailment — describes a legal relationship in common law where physical possession of personal property (chattels) is transferred from one person (the bailor ) to another person (the bailee ) who subsequently holds possession of the property. However, it is… …   Wikipedia

• bailment — A delivery of goods or personal property, by one person (bailor) to another (bailee), in trust for the execution of a special object upon or in relation to such goods, beneficial either to the bailor or bailee or both, and upon a contract,… …   Black's law dictionary

• bailment — A delivery of goods or personal property, by one person (bailor) to another (bailee), in trust for the execution of a special object upon or in relation to such goods, beneficial either to the bailor or bailee or both, and upon a contract,… …   Black's law dictionary

• bailment for hire — A safekeeping agreement between a safekeeping institution and its customer. A contract whereby a third party bank or other financial institution, for a fee, agrees to exercise ordinary care in protecting the securities held in safekeeping for its …   Financial and business terms

• partido agreement — An agreement of bailment of cattle containing a condition respecting the right to the increase of the cattle during the period of the bailment. Allen v Whiting, 58 Ariz 273, 119 P2d 240; Bowers v Western Livestock Co. (ND) 103 NW2d 109 …   Ballentine's law dictionary

• Bailee — An individual who temporarily gains possession, but not ownership, of a good or other property under a bailment. The bailee is entrusted with the possession of the good or property by another individual known as the bailor. This relationship is… …   Investment dictionary

• SHOMERIM — (Heb. שׁוֹמְרִים; bailees ). Biblical Classification The law relating to a bailee (i.e., one who is entrusted with the money or chattels of another) is first given in the Torah (Ex. 22:6–14) in several statements of principle from which have been …   Encyclopedia of Judaism

• Trover — is a form of lawsuit in common law countries for recovery of damages for wrongful taking of personal property. Trover belongs to a series of remedies for such wrongful taking, its distinctive feature being recovery only for the value of whatever… …   Wikipedia

• Detinue — Tort law Part of the …   Wikipedia

• bailee — bail·ee /bā lē/ n: an individual or entity (as a business organization) having possession of another s personal property under a bailment ◇ Carriers and warehouses are two examples of bailees. A bailee s liability for loss or damage to property… …   Law dictionary