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 is determined by the terms of the bailment or the law of the jurisdiction.

Merriam-Webster’s Dictionary of Law. . 1996.

bailee
n.
A person who holds goods or property for someone else for a specific purpose, such as a mechanic keeping a car for repairs.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


bailee

Collins dictionary of law. . 2001.


bailee
A person with whom some article is left, usually pursuant to a contract, who is responsible for the safe return of the article to the owner when the contract is fulfilled. Examples include banks holding bonds, storage companies where furniture or files are deposited, a parking garage, or a kennel or horse ranch where an animal is boarded.
Category: Business, LLCs & Corporations
Category: Real Estate & Rental Property
Category: Small Claims Court & Lawsuits

Nolo’s Plain-English Law Dictionary. . 2009.


bailee
n. One who temporarily possesses the personal property of another pursuant to and agreement between them.
See also bailment.

Webster's New World Law Dictionary. . 2000.


bailee
One to whom personal property is entrusted for a particular purpose by another, the bailor, according to the terms of an express or implied agreement.

Dictionary from West's Encyclopedia of American Law. 2005.


bailee
One to whom personal property is entrusted for a particular purpose by another, the bailor, according to the terms of an express or implied agreement.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

bailee
n.
   a person, also called a custodian, with whom some article is left, usually pursuant to a contract (called a "contract of bailment"), who is responsible for the safe return of the article to the owner when the contract is fulfilled. These can include banks holding bonds, storage companies where furniture or files are deposited, a parking garage, or a kennel or horse ranch where an animal is boarded. Leaving goods in a sealed rented box, like a safe deposit box, is not a bailment, and the holder is not a bailee since he cannot handle or control the goods.
   See also: bailment, bailor

Law dictionary. . 2013.

Look at other dictionaries:

  • 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 — 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.… …   The Collaborative International Dictionary of English

  • 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

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