Legal Terms

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Bailee.

A person or concern having possession of personal property entrusted to him by the owner. An example would be a laundry which has custody of customers' clothing for washing or dry cleaning. Bailees are required to exercise the same care with the property of others as they would with their own property.

Bailment.

The personal property of one person being held by another with the intent of its being returned to the original owner. Cars in a garage for repairs would be an example of a bailment.

Bailor.

A person who owns property which has been entrusted to another. The owner of a fur coat who has entrusted it to a furrier for storage would be a bailor.

Brief.

A statement prepared by an attorney to highlight the principal issues of his or her case.