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LSDefine
Simple English definitions for legal terms
hiring
Read a random definition: European-style option
A quick definition of hiring:
Hiring is when someone agrees to pay another person to use something or to do a job for them. It's like borrowing something or asking someone to help you, but you give them money in return. This is a contract between two people that benefits both of them. There are different types of hiring contracts, like when you hire someone to work for you or when you hire someone to transport goods for you. In Roman law, hiring was called "locatio" and it covered a broad range of circumstances where one person agreed to give another person the use of something or services in return for money.
A more thorough explanation:
Definition: Hiring is a contract between two parties where one party agrees to provide the use of a thing or labor or services in exchange for compensation from the other party. It is also known as lease or locatio.
Examples:
- A company hires an employee to work for them and pays them a salary in return for their labor and services.
- A person rents a car from a rental company and pays them a fee in exchange for the use of the car.
- A homeowner hires a contractor to build a new deck in their backyard and pays them a fee for their labor and services.
These examples illustrate the concept of hiring where one party provides something of value (labor, services, or use of a thing) to another party in exchange for compensation.