|Bailment can be for many reasons ranging for reward to gratuitous.
||A pledge is bailment done for a specific type of purpose, which is to secure a loan or performance of a promise.
|The bailee does not get a right to sell the goods.
||A pawnee has a right to sell the goods in case of default.
|The bailee only get a right of lien over the goods.
||A pawnee gets a right of retainer and a special interest in the goods, which is more that just the lien.
|The bailee can use the goods bailed.
||The pawnee has no right to use the goods.
|The bailee is not responsible for the loss, destruction, or deterioration if he uses the goods with reasonable care.
||The pawnee is absolutely liable for the upkeep of the goods.