locatio et conductio
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English[edit]
Etymology[edit]
Borrowed from Latin locātiō et conductiō.
Noun[edit]
locatio et conductio
- (law, finance) A contract of hire.[1] A bailment[2]: goods delivered or property or land made available to the bailee in exchange for money or reward paid to the bailor. May be one of three main types: locatio rei, 'the hire of a thing'; locatio operarum, 'a worker for a wage'; locatio operis faciendi, a contract for 'services providing a result'[1] [3]