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Bailee Definition
A bailee is a party who is entrusted with (or holds) the property or goods of another for a short period with limited purpose and without ownership. In the context of art, the most common example of a bailee is a museum as it temporarily assumes custody of property or goods belonging to another.
Added By:
laws-admin
Category:
Art
Definition List
Badges Backup Bidder Backlight Background Back Iron Bailee Bailey Bailor Bakelite Bakers Rack Balance
Badges Backup Bidder Backlight Background Back Iron Bailee Bailey Bailor Bakelite Bakers Rack Balance