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Meaning of BAILEE

Pronunciation:  `bey'lee

WordNet Dictionary
 
 Definition: [n]  the agent to whom property involved in a bailment is delivered
 
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 See Also: agent

 

 

Webster's 1913 Dictionary
 
 Definition: 
\Bail`ee"\, 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.
Note: In penal statutes the word includes those who receive
      goods for another in good faith. --Wharton.
 
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