Bailee

3 definitions found

From The Collaborative International Dictionary of English v.0.48 [gcide]:

  Bailee \Bail`ee"\ (b[=a]l`[=e]"), n. [OF. baill['e], p. p. of
     bailler. See {Bail} to deliver.] (Law)
     The person to whom goods are committed in trust, and who has
     a temporary possession and a qualified property in them, for
     the purposes of the trust. --Blackstone.
     [1913 Webster]


  
     Note: In penal statutes the word includes those who receive
           goods for another in good faith. --Wharton.
           [1913 Webster]

From WordNet (r) 2.0 [wn]:

  bailee
       n : the agent to whom property involved in a bailment is
           delivered

From Bouvier's Law Dictionary, Revised 6th Ed (1856) [bouvier]:

  BAILEE, contracts. One to whom goods are bailed. 
       2. His duties are to act in good faith he is bound to use extraordinary 
  diligence in those contracts or bailments, where he alone receives the 
  benefit, as in loans; he must observe ordinary diligence of those bailments, 
  which are beneficial to both parties, as hiring; and he will be responsible 
  for gross negligence in those bailments which are only for the benefit of 
  the bailor, is deposit and mandate. Story's Bailm. Sec. 17, 18, 19. He is 
  bound to return the property as soon as the purpose for which it was bailed 
  shall have been accomplished. 
       3. He has generally a right to retain and use the thing bailed, 
  according to the contract, until the object of the bailment shall have been 
  accomplished. 
       4. A bailee with a mere naked authority, having a right to remuneration 
  for his trouble, but coupled with no other interest, may support trespass 
  for any injury, amounting to a trespass, done while he was in the actual 
  possession of the thing. 4 Bouv. Inst. n. 3608.