1. the legal relationship created when personal property is temporarily transferred to another person for a specific purpose, with the understanding that it will be returned
Usage: legal term

Examples

• The parking garage created a bailment when the customer handed over the car keys.
• Dry cleaning involves a bailment where the cleaner temporarily holds your clothes.
• The bailment agreement specified that the borrowed equipment must be returned in good condition.
• A coat check service creates a bailment relationship with customers.
• The law of bailment governs situations where property is temporarily entrusted to another party.
• Storage facilities operate under bailment principles when holding customers’ belongings.