Source : Webster's Revised Unabridged Dictionary (1913)

Bailee \Bail`ee"\, n. [OF. baill['e], p. p. 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.

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

Source : WordNet®

bailee
     n : the agent to whom property involved in a bailment is
         delivered