Commodate

The 40-meter train, with five coaches, would run in January next year on a six-month 'commodatum' agreement with the city government.

In so doing he enumerated and expounded all the main categories of bailment currently in operation, ranging from vadium or pledge to commodatum or loan.

The issue being studied is whether to hold an auction or use a commodatum agreement.

A deposit contract may be a commodatum contract (also called a regular deposit), where the bank acts as a bailor of non-fungible goods which are returned on demand to the depositor.

The land would be given in commodatum to the winning bidder and that entity would then deliver condominiums to the homebuyers.