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The term “Bailee” specifically refers to a person or entity that has temporary custody of another's property, which in the context of bail, means that the defendant is in a position where they have been granted release from custody under the condition that they will return for their court appearances. The bail bond essentially serves as a promise or security to the court that the defendant will appear as required.

Understanding this term is important as it highlights the responsibilities and conditions tied to being released on bail. The bailee's role is significant since their release hinges on complying with the bail agreement, essentially making them accountable to the court until the legal proceedings are concluded.

The other terms mentioned do not accurately describe a defendant who is released on bail. A defendant is simply the party accused in a legal proceeding; respondent typically refers to someone who answers to a petition or application in civil matters; and an appellant is someone who appeals a court decision in a higher court. Each of these terms serves a specific function in legal terminology, but none capture the specific status of a defendant released on bail quite like the term "bailee."