bailee
noun
Meaning
A person or entity who receives personal property from another under a contract of bailment, assuming temporary possession and legal responsibility for its care.
Examples
- The dry cleaner acts as a bailee while your clothes are in their possession for cleaning.
- As the bailee of the valuable painting, the museum is legally obligated to exercise reasonable care to prevent damage.
Synonyms: custodian, trustee, depository, consignee