Webster's Revised Unabridged Dictionary · 1913

Bailee

Bailee (bāl`ē") , noun

[Old French baillé, past participle of bailler. See Bail to deliver.]

(Law) The person to whom goods are committed in trust, and who has a temporary possession and a qualified property in them, for the purposes of the trust. — Blackstone

In penal statutes the word includes those who receive goods for another in good faith.