Bailment
Pronunciation : Bail"ment
Part of Speech : n.
Definition : 1. (Law)
Defn: The action of bailing a person accused. Bailment . . . is the saving or delivery of a man out of prison before he hath satisfied the law. Dalton.
2. (Law)
Defn: A delivery of goods or money by one person to another in trust, for some special purpose, upon a contract, expressed or implied, that the trust shall be faithfully executed. Blackstone.
Note: In a general sense it is sometimes used as comprehending all duties in respect to property. Story.
Source : Webster's Unabridged Dictionary, 1913