Bailor (Noun)
Meaning
The person who delivers personal property (goods or money) in trust to the bailee in a bailment.
Classification
Nouns denoting people.
Examples
- The bailor handed over the valuable painting to the art gallery for safekeeping.
- In a bailment agreement, the bailor is responsible for providing clear instructions on the use of the goods.
- The bailor was required to prove ownership of the car before it could be released from the storage facility.
- As the bailor, she was entitled to compensation for any damage caused to her property while in the bailee's possession.
- The bailor's failure to disclose the true value of the goods led to a dispute over the bailee's liability.