goods in custody; property held in trust
Legal and business term for items or property entrusted to someone for safekeeping. Often used in contracts, warehouse receipts, and bailment contexts.
The warehouse company is responsible for the loss of goods in custody.
This contract specifies when the property held in trust must be returned.
Compound of 保管 (ほかん, 'custody, safekeeping') and 物 (ぶつ, 'thing, goods'). The reading ぶつ is the standard Sino-Japanese reading for 物 in formal compounds.