Definition, Meaning & Synonyms

bailee

noun

/beɪˈliː/

Definition

A bailee is a person or entity that temporarily receives possession of someone else’s property under a bailment agreement, without transferring ownership.

Examples

The storage company acted as a bailee for the customer’s belongings.
When you leave your coat at the dry cleaners, the cleaners become the bailee of your coat.
In case of damage, the bailee may be held liable for neglecting their duty to care for the item.

Meaning

In legal terms, a bailee is responsible for the care and return of the property to the original owner (the bailor) after the purpose of the bailment has been fulfilled.