locatio rei

from Bouvier's Law Dictionary, Revised 6th Ed (1856)
LOCATIO REI, contracts. A term used in the civil law, which signifies the 
hiring of a thing. It is a contract by which one of the parties obligates 
himself to, give to the other the use and enjoyment, of a certain thing for 
a period of time agreed upon between them, and in consideration of a price 
which the latter binds himself to pay in return. Poth. Contr. de Louage, n. 
l. See Bailment; Hire; Hirer; Letter. 
    

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