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Or To Use It and Return It in Kind

SPECIAL special,adj.1. Of, relating to, or designating a species, kind, or individual thing. 2. (Of a statute, rule, etc.) designed for a particular purpose. 3. (Of powers, etc.) unusual; extraordinary. DEPOSIT deposit,n.1. The act of giving money or other property to another who promises to preserve it or to use it and return it in kind; esp., the act of placing money in a bank for safety and convenience.

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90% found this document useful (10 votes)
2K views1 page

Or To Use It and Return It in Kind

SPECIAL special,adj.1. Of, relating to, or designating a species, kind, or individual thing. 2. (Of a statute, rule, etc.) designed for a particular purpose. 3. (Of powers, etc.) unusual; extraordinary. DEPOSIT deposit,n.1. The act of giving money or other property to another who promises to preserve it or to use it and return it in kind; esp., the act of placing money in a bank for safety and convenience.

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RESEARCH
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SPECIAL

special,adj.1. Of, relating to, or designating a species, kind, or individual thing. 2. (Of a
statute, rule, etc.) designed for a particular purpose. 3. (Of powers, etc.) unusual; extraordinary.

SPECIAL DEPOSIT
special deposit. See DEPOSIT(2).

DEPOSIT
deposit,n.1. The act of giving money or other property to another who promises to preserve it
or to use it and return it in kind; esp., the act of placing money in a bank for safety and
convenience. [Cases: Banks and Banking 119–155. C.J.S. Banks and Banking §§ 193, 246, 248,
266–314, 316, 320–322, 326–381, 383–384, 393, 396–397, 399, 401–402, 404, 415–423, 425–444,
455.] 2. The money or property so given.

general deposit. 1. A bank deposit of money that is commingled with other depositors' money.
2. A bank deposit that is to the depositor's credit, thus giving the depositor a right to the money
and creating a debtor–creditor relationship between the bank and the depositor. • A bank is not
required to return the actual money deposited as a general deposit, as it must with a special
deposit; the bank need return only an equivalent sum. [Cases: Banks and Banking 75–80, 119.
C.J.S. Banks and Banking §§ 161, 172, 175–196, 246, 248, 269–271, 274, 276, 279, 284.]

special deposit. A bank deposit that is made for a specific purpose, that is kept separately, and
that is to be returned to the depositor. • The bank serves as a bailee or trustee for a special deposit.
— Also termed specific deposit. [Cases: Banks and Banking 153. C.J.S. Banks and Banking §§
283–287, 290.]

SPECIAL COUNSEL
special counsel. See COUNSEL.
SPECIAL ATTORNEY
special attorney. See special counsel under COUNSEL.
SPECIAL ASSUMPSIT
special assumpsit. See ASSUMPSIT.
SPECIAL APPEARANCE
special appearance. See APPEARANCE.

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