Business, Legal & Accounting Glossary

Definition: Bailor


Quick Summary of Bailor

One who bails property; one who places property in the hands of another (called a bailee) for safekeeping.

What is the dictionary definition of Bailor?

Dictionary Definition

A person who transfers goods to another under a bailment. No title is transferred, and the bailor can expect to get the goods back when the conditions of the bailment are fulfilled.

n. a person who leaves goods in the custody of another, usually under a “contract of bailment,” in which the custodian (“bailee”) is responsible for the safekeeping and return of the property. Sometimes the bailor is not the owner but a person who is a servant of the owner or a finder (say, of jewellery) who places the goods with the bailee until the owner is found.

Full Definition of Bailor

Someone who delivers an item of personal property to another person for a specific purpose. For example, a person who leaves a broken VCR with a repairman in order to get it fixed would be a bailor.

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
Modern Language Association (MLA):
Bailor. Payroll & Accounting Heaven Ltd.
January 29, 2022
Chicago Manual of Style (CMS):
Bailor. Payroll & Accounting Heaven Ltd. (accessed: January 29, 2022).
American Psychological Association (APA):
Bailor. Retrieved January 29, 2022
, from website:

Definition Sources

Definitions for Bailor are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 2 Views.