bailor

/'beilə/

Thân thiện

The bailor hands a small locked box to the storekeeper for safekeeping.

Definition

1. Noun:
   • The person who delivers personal property in trust: A "bailor" is the party in a bailment agreement who temporarily transfers possession of goods, money, or other personal property to another party (the bailee) for a specific purpose, while retaining legal ownership of the property.

Usage

• The term "bailor" is used in legal and formal contexts to describe the owner who entrusts their property to another. It specifies the role of the delivering party in a contractual relationship of bailment.

Examples

• Noun:
  • The bailor left his car with the mechanic for repairs. (The owner who delivered the car is the bailor.)
  • As the bailor, she entrusted the valuable painting to the museum for the exhibition. (She is the person who delivered the painting.)
  • The contract clearly outlined the responsibilities of both the bailor and the bailee. (The agreement defined the duties of the person delivering the goods and the person receiving them.)

Advanced Usage

• "Bailor's duty": Refers to the obligations of the person delivering the property, such as disclosing known defects in the goods.
  • The bailor's duty includes informing the bailee of any hidden flaws in the equipment.

Variants and Related Words

• Bailment (n): The legal relationship or transaction itself, involving the delivery of personal property by the bailor to the bailee.
  • A bailment is created when you check your coat at a restaurant.
• Bailee (n): The person who receives the property from the bailor.
  • The warehouse, as the bailee, is responsible for the safekeeping of the goods.

Synonyms

• Deliverer: One who delivers or hands over property.
• Entruster: One who entrusts something to another's care.

Notes on Meaning

• The role of a "bailor" is defined solely by the act of delivering property into another's possession for a temporary purpose (e.g., safekeeping, repair, transport). The bailor remains the legal owner and has the right to have the property returned or dealt with as agreed. This term does not apply to permanent transfers like sales or gifts.

Học thuật

Noun

1. the person who delivers personal property (goods or money) in trust to the bailee in a bailment