bailment for sale

bailment for sale
A consignment contract. 8 Am J2d Bailm § 34.

Ballentine's law dictionary. . 1998.

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  • bailment — bail·ment / bāl mənt/ n [Anglo French bayllment, from bailler to hand over see bail]: the transfer of possession but not ownership of personal property (as goods) for a limited time or specified purpose (as transportation) such that the… …   Law dictionary

  • Bailment — describes a legal relationship in common law where physical possession of personal property (chattels) is transferred from one person (the bailor ) to another person (the bailee ) who subsequently holds possession of the property. However, it is… …   Wikipedia

  • sale — A contract between two parties, called, respectively, the seller (or vendor) and the buyer (or purchaser), by which the former, in consideration of the payment or promise of payment of a certain price in money, transfers to the latter the title… …   Black's law dictionary

  • bailment — /bayl meuhnt/, n. Law. the delivery of personal property returnable to the bailor after being held for some purpose. [1545 55; earlier bailement < AF; OF baillement. See BAIL1, MENT] * * * ▪ law       in Anglo American property law, delivery of… …   Universalium

  • Forced sale — Property law Part of t …   Wikipedia

  • credit sale — A sale in which the buyer is permitted to pay for the goods at a later time, as contrasted with a cash sale. Any sale with respect to which consumer credit is extended or arranged by the seller. The term includes any contract in the form of a… …   Black's law dictionary

  • credit sale — A sale in which the buyer is permitted to pay for the goods at a later time, as contrasted with a cash sale. Any sale with respect to which consumer credit is extended or arranged by the seller. The term includes any contract in the form of a… …   Black's law dictionary

  • consignment — The act or process of consigning goods; the transportation of goods consigned; an article or collection of goods sent to a factor; goods or property sent, by the aid of a common carrier, from one person in one place to another person in another… …   Black's law dictionary

  • consignment contract — Consignment of goods to another (consignee) for sale under agreement that consignee will pay consignor for any sold goods and will return any unsold goods. A bailment for sale …   Black's law dictionary

  • consignment — The act or process of consigning goods; the transportation of goods consigned; an article or collection of goods sent to a factor; goods or property sent, by the aid of a common carrier, from one person in one place to another person in another… …   Black's law dictionary

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