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bailment definition

bail·ment (bāl′mənt)

noun

  1. the providing of bail for an arrested person
  2. the delivering of goods by one party to another to be held in trust for a specific purpose and returned when that purpose is ended

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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