[ noun ] the delivery of personal property in trust by the bailor to the bailee <noun.act>
Bailment \Bail"ment\, n. 1. (Law) 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) 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.