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Irregular Deposit

Defined in 3 dictionaries — Cyclopedic (1922), Ballentine's (1916), Black's (1891)

The Cyclopedic Law Dictionary

Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922

See "Deposit."

Ballentine's Law Dictionary

James A. Ballentine · 1916

A deposit wherein the equivalent and not the thing itself is to be returned.

A Dictionary of Law

Henry Campbell Black · 1891

A species of deposit which arises when a party, having a sum of money which he does not think safe in his own hands, confides it to another, (e.g., a bank,) who is to return to him not the same money, but a like sum, when he shall demand it. An irregular deposit differs from a mutuum simply in this respect: that the latter has principally in view the benefit of the borrower, and the former the benefit of the bailor. Story, Bailm. § 84; Poth. du Depot. 82, 83.