Bailment
Definition
The delivery of goods by one person (Bailor) to another (Bailee) for some purpose, upon a contract that the goods shall be returned when the purpose is accomplished, or otherwise disposed of according to the directions of the bailor (Section 148, ICA 1872).
Example
"Giving your watch to a jeweller for repair is Bailment. The jeweller is the Bailee; you are the Bailor. The jeweller must return the watch after repair."