bailee
A person or company that holds someone else's things for a short time
- noun
- /beɪˈliː/
- Formal
:
depositario
- A bailee must ensure that the property entrusted to them is kept safe until it is returned.
Examples
-
When you leave your clothes at the dry cleaner, the shop acts as a bailee for your items.
-
"That client can buy bailee coverage for the market price of the car, but what about the plaintiff who had a $10 million lawsuit against a car manufacturer?"
Academic text (2011) -
Drafted and negotiated custodial agreements, bailee agreements, and third-party collection agreements.
Academic text (2009) -
The bailee is responsible for returning the rented equipment in good condition.
Surface Forms
Morphology
Etymology
Bailee comes from bail (to give something to another to look after) plus the ending -ee that means 'person who receives', as in employee. So a bailee is the person given property to keep and return.