Bailee
Bailee Bail`ee" (b[=a]l`[=e]"), n. [OF. baill['e], p. p. of bailler. See {Bail} to deliver.] (Law) The person to whom goods are committed in trust, and who has a temporary possession and a qualified property in them, for the purposes of the trust. --Blackstone. [1913 Webster]

Note: In penal statutes the word includes those who receive goods for another in good faith. --Wharton. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

Look at other dictionaries:

  • 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

  • bailee — bail‧ee [beɪˈliː] noun [countable] LAW someone who has the right to use someone else s property, but without becoming its owner: • Under this arrangement, the bailee has an option to purchase the goods at a later date. * * * bailee UK US… …   Financial and business terms

  • bailee — [bāl ē′] n. [ BAIL1 + EE1] the party to whom property is delivered under contract of bailment …   English World 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

  • bailee —    One to whom the property of another the bailor is entrusted for a limited period. A museum that has assumed temporary custody of an object is a bailee …   Glossary of Art Terms

  • bailee — In the law of contracts, one to whom goods are bailed; one to whom goods are entrusted by a bailor; the party to whom personal property is delivered under a contract of bailment. A species of agent to whom something movable is committed in trust… …   Black's law dictionary

  • bailee — In the law of contracts, one to whom goods are bailed; one to whom goods are entrusted by a bailor; the party to whom personal property is delivered under a contract of bailment. A species of agent to whom something movable is committed in trust… …   Black's law dictionary

  • bailee — noun Date: 1528 the person to whom personal property is bailed …   New Collegiate Dictionary

  • bailee — /bay lee /, n. Law. a person to whom personal property is delivered in bailment. [1520 30; BAIL1 + EE] * * * …   Universalium

  • bailee — noun One who holds bailed property; one who takes possession of the property of another (called a bailor) in order to keep that property safe for the other …   Wiktionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”