Financial Services

noun A legal relationship in which physical possession of personal property is transferred from one party (the bailor) to another party (the bailee) for a specific purpose, typically without transfer of ownership.

• The bailment agreement outlined the terms and conditions for the temporary transfer of possession of the goods.
• I left my laptop with my friend as a bailment while I went on vacation.
• I'm just holding onto this jacket for my friend, it's like a bailment or something.
• Their relationship felt like a bailment of emotions, with each person holding onto the other's feelings temporarily.

noun the money held in a demand deposit account

• A demand deposit is a type of account where funds can be withdrawn at any time without prior notice.
• I keep my emergency savings in a demand deposit account so I can access it quickly if needed.
• I always make sure to have some cash in my demand deposit for a rainy day.
• Her trust in him was like a demand deposit, always there when she needed it the most.

noun a product or service that is produced by one company but sold under another company's brand

adjective relating to or denoting a product that is produced by one company but sold under another company's brand

• The company offers white label services for businesses looking to rebrand their products.
• You can just slap your logo on it - it's a white label product.
• I love using white label stuff because it's like having my own brand without the hassle.
• She wore a white label dress to the party, but everyone could tell it was a knockoff.