Bailee

n. one to whom property is bailed, trustee, guardian

Bailment describes a legal relationship in common law where physical possession of personal property (chattels) is transferred from one person (the 'bailor') to another person (the 'bailee') who subsequently holds possession of the property. However, it is distinguished from a contract of sale or a gift of property, as it only involves the transfer of possession and not its ownership. In order to create a bailment, the bailee must both intend to possess, and actually physically possess, the bailable chattel.
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Noun
1. the agent to whom property involved in a bailment is delivered
(hypernym) agent
(derivation) bail

(n.)
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.
  

The person who receives property through a contract of bailment, from the bailor, and who may be committed to certain duties of care towards the property while it remains in his or her possession - (read more on Bailee)