|
 |
||
 |
| This dictionary contains: 8526 juridical terms |
 |
Bailment
|
|
BailmentThe transfer of possession of something (by the bailor) to another person (called the bailee) for some temporary purpose (eg. storage) after which the property is either returned to the bailor or otherwise disposed of in accordance with the contract of bailment.
RELATED TERMS--------------------------------------
Transfer
Contracts The act by which the owner of a thing delivers it to another person, with the intent of passing the rights which he has in it to the latter.
Possession
International law. By possession is meant a country which is held by no other title than mere conquest.
Person
This word is applied to men, women and children, who are called natural persons.
Temporary
That which is to last for a limited time; as, a temporary sta-tute, or one which is limited in its operation for a particular period of time after its enactment the opposite of perpetual.
Property
Property is commonly thought of as a thing which belongs to someone and over which a person has total control. But, legally, it is more properly defined as a collection of legal rights over a thing. These rights are usually total and fully enforceable by the state or the owner against others. It has been said that "property and law were born and die together. Before laws were made there was no property. Take away laws and property ceases." before laws were written and enforced, property had no relevance. Possession was all that mattered. There are many classifications of property, the most common being between real property or immoveable property (real estate such as land or buildings) and "chattel", or "moveable" (things which are not attached to the land such as a bicycle, a car or a hammer) and between public (property belonging to everybody or to the state) and private property.
Bailor
Contracts. He who bails a thing to another.
Contract
A negotiated oral or written agreement setting forth the terms for an exchange of value between parties (which may be individuals or companies) and under which each party promises to perform an obligation. Certain terms, such as the obligations to be performed and the terms for setting price or compensation must be mutually understood, known in legal lingo as a "meeting of the minds," and promised to by the parties to form a legal contract.
Bailment
The transfer of possession of something (by the bailor) to another person (called the bailee) for some temporary purpose (eg. storage) after which the property is either returned to the bailor or otherwise disposed of in accordance with the contract of bailment.
SIMILAR TERMS--------------------------------------
Bail
Criminal law: a commitment made (and possibly secured by cash or property) to secure the release of a person being held in custody and suspected of a crime, to provide some kind of guarantee that the suspect will appear to answer the charges at some later date.
Bail bond
An obligation signed by the accused to secure his or her presence at the trial. This obligation means that the accused may lose money by not properly appearing for the trial. Often referred to simply as "bond."
Bailable action
One in which the defendant is entitled to be discharged from arrest, only upon giving bail to answer.
Bailable process
Is that process by which an officer is required to arrest a person, and afterwards to take bail for his appearance.
Bailee
The person who receives property through a contract of bailment, from the bailor, and who may be committed to certain duties of care towards the property while it remains in his or her possession.
Bailiff
Office. Magistrates who for merly administered justice in the parliaments or courts of France, answering to the English sheriffs as mentioned by Bracton.
Bailiwick
The district over which a sheriff has jurisdiction; it signifies also the same as county, the sheriff's bailiwick extending over the county.
Bailor
Contracts. He who bails a thing to another.
PREVIOUS AND NEXT TERMS--------------------------------------
Bailable action
One in which the defendant is entitled to be discharged from arrest, only upon giving bail to answer.
Bailable process
Is that process by which an officer is required to arrest a person, and afterwards to take bail for his appearance.
Bailee
The person who receives property through a contract of bailment, from the bailor, and who may be committed to certain duties of care towards the property while it remains in his or her possession.
Bailiff
Office. Magistrates who for merly administered justice in the parliaments or courts of France, answering to the English sheriffs as mentioned by Bracton.
Bailiwick
The district over which a sheriff has jurisdiction; it signifies also the same as county, the sheriff's bailiwick extending over the county.
Bailment
Bailor
Contracts. He who bails a thing to another.
Bair-man
Scottish law. A poor insolvent debtor left bare.
Bairn's part
Scottish law. Children's part a third part of the defunct's free movables, debts deducted, if the wife survive, and a half if there be no relict.
Bait and switch
In consumer fraud, advertising a low cost item and then steering the customer to a higher priced item when they come to buy, claiming the low priced item was "sold out."
Balance
Com. law. The amount which remains due by one of two persons, who have been dealing together, to the other, after the settlement of their accounts.
RELATED TERMS--------------------------------------
Transfer
Contracts The act by which the owner of a thing delivers it to another person, with the intent of passing the rights which he has in it to the latter.
Possession
International law. By possession is meant a country which is held by no other title than mere conquest.
Person
This word is applied to men, women and children, who are called natural persons.
Temporary
That which is to last for a limited time; as, a temporary sta-tute, or one which is limited in its operation for a particular period of time after its enactment the opposite of perpetual.
Property
Property is commonly thought of as a thing which belongs to someone and over which a person has total control. But, legally, it is more properly defined as a collection of legal rights over a thing. These rights are usually total and fully enforceable by the state or the owner against others. It has been said that "property and law were born and die together. Before laws were made there was no property. Take away laws and property ceases." before laws were written and enforced, property had no relevance. Possession was all that mattered. There are many classifications of property, the most common being between real property or immoveable property (real estate such as land or buildings) and "chattel", or "moveable" (things which are not attached to the land such as a bicycle, a car or a hammer) and between public (property belonging to everybody or to the state) and private property.
Bailor
Contracts. He who bails a thing to another.
Contract
A negotiated oral or written agreement setting forth the terms for an exchange of value between parties (which may be individuals or companies) and under which each party promises to perform an obligation. Certain terms, such as the obligations to be performed and the terms for setting price or compensation must be mutually understood, known in legal lingo as a "meeting of the minds," and promised to by the parties to form a legal contract.
Bailment
The transfer of possession of something (by the bailor) to another person (called the bailee) for some temporary purpose (eg. storage) after which the property is either returned to the bailor or otherwise disposed of in accordance with the contract of bailment.
SIMILAR TERMS--------------------------------------
Bail
Criminal law: a commitment made (and possibly secured by cash or property) to secure the release of a person being held in custody and suspected of a crime, to provide some kind of guarantee that the suspect will appear to answer the charges at some later date.
Bail bond
An obligation signed by the accused to secure his or her presence at the trial. This obligation means that the accused may lose money by not properly appearing for the trial. Often referred to simply as "bond."
Bailable action
One in which the defendant is entitled to be discharged from arrest, only upon giving bail to answer.
Bailable process
Is that process by which an officer is required to arrest a person, and afterwards to take bail for his appearance.
Bailee
The person who receives property through a contract of bailment, from the bailor, and who may be committed to certain duties of care towards the property while it remains in his or her possession.
Bailiff
Office. Magistrates who for merly administered justice in the parliaments or courts of France, answering to the English sheriffs as mentioned by Bracton.
Bailiwick
The district over which a sheriff has jurisdiction; it signifies also the same as county, the sheriff's bailiwick extending over the county.
Bailor
Contracts. He who bails a thing to another.
PREVIOUS AND NEXT TERMS--------------------------------------
Bailable action
One in which the defendant is entitled to be discharged from arrest, only upon giving bail to answer.
Bailable process
Is that process by which an officer is required to arrest a person, and afterwards to take bail for his appearance.
Bailee
The person who receives property through a contract of bailment, from the bailor, and who may be committed to certain duties of care towards the property while it remains in his or her possession.
Bailiff
Office. Magistrates who for merly administered justice in the parliaments or courts of France, answering to the English sheriffs as mentioned by Bracton.
Bailiwick
The district over which a sheriff has jurisdiction; it signifies also the same as county, the sheriff's bailiwick extending over the county.
Bailment
Bailor
Contracts. He who bails a thing to another.
Bair-man
Scottish law. A poor insolvent debtor left bare.
Bairn's part
Scottish law. Children's part a third part of the defunct's free movables, debts deducted, if the wife survive, and a half if there be no relict.
Bait and switch
In consumer fraud, advertising a low cost item and then steering the customer to a higher priced item when they come to buy, claiming the low priced item was "sold out."
Balance
Com. law. The amount which remains due by one of two persons, who have been dealing together, to the other, after the settlement of their accounts.
We thank you for using the Juridical Dictionary to search for Bailment. If you have a better definition for Bailment than the one presented here, please let us know by making use of the suggest a term option. This definition of Bailment may be disputed by other professionals. Our attempt is to provide easy definitions on Bailment and any other medical topic for the public at large.
This dictionary contains 8526 terms.
|
|