Bailor Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Bailor, written in plain English, along with examples of how it is used.

What is Bailor?

(n) Bailor is the person who leaves the custody of a property owned or legitimately possessed by him to another person or legal entity for safe keeping of such property and returning the same after the specified period or event. Bailor can hold the custodian for any damages caused to the property when he fails to protect the goods.