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A bailment relationship in which the agreement imposes an unusually high duty of care on the bailee due to the circumstances or nature of the property.

The party in a bailment who temporarily transfers possession of the personal property to another, without transferring ownership.

A type of bailment where the personal property is left with the pledgee as security for a loan or an obligation.

Occurs when someone holds the personal property of another without intent, deriving from loss or misplacement, and is thus charged with responsibilities of a bailee.

The party who accepts possession of the property in a bailment, and is responsible for the safekeeping and return of the property.

A document that a creditor files to show that the debtor has fully paid the debt secured by a pledge, resulting in the property being released back to the pledgor.

A loan of consumable goods where the borrower has an obligation to return goods of the same kind, quantity, and quality, not necessarily the same goods.

This type of bailment is created by law when an individual inadvertently comes into possession of someone else's property and has a duty to preserve that property.

The party to whom the property is pledged and who has possession of it with the responsibility to care for it and the right to sell it if the obligation is not fulfilled.

The failure to meet the legal obligations or conditions of a loan or security agreement, which may result in the pledgee selling the pledged property to satisfy the debt.

A receipt issued by a warehouse listing goods received for storage as a bailee under a bailment agreement.

A legal relationship in which physical possession of personal property is transferred from one person (the bailor) to another (the bailee) who subsequently has possession of the property under a specific term.

Also known as the pawnor, the person who offers their personal property as collateral to secure a loan or fulfill an obligation.

Providing property as security for a debt where possession remains with the borrower, unlike in pledge where possession transfers to the lender.