Bailor
Term · Law · MLC-T-LAW-000655
A person who delivers personal property to another for a specific purpose, under an express or implied contract, with the understanding that the property will be returned or disposed of according to the bailor's instructions. This transfer of possession does not involve a transfer of ownership. The person receiving the property is known as the bailee.
| Identifier | MLC-T-LAW-000655 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-000655",
"term": "Bailor",
"field": "Law",
"definition": "A person who delivers personal property to another for a specific purpose, under an express or implied contract, with the understanding that the property will be returned or disposed of according to the bailor's instructions. This transfer of possession does not involve a transfer of ownership. The person receiving the property is known as the bailee.",
"url": "https://mlchart.com/terminology/law/bailor/"
}
Record 447 of 5,439 in Law terminology (MLC-0107). Request the full dataset.