Precarium - Definition - Law Dictionary Home Dictionary Definition precarium

Definition :

Precarium, a contract by which the owner of a thing, at another's request, gives him the thing to use as long as the owner shall please. This was dis-tinguished from an ordinary gratuitous loan, and in the Roman Law gave rise to different obligations on the part of the borrower, See Storey on Bail., ss. 227, 253 b.