A 

lathe is a machine tool that rotates a workpiece about an axis of rotation to perform
various operations such as cutting, sanding, knurling, drilling, deformation, facing, and
turning, with tools that are applied to the workpiece to create an object with symmetry
about that axis. we can discover these parts, for example:

There is a bed. It is the main body of the machine.

There is a tool post. It is bolted on the carriage.

There is a chuck. Chuck is used to hold the workspace.

There is a head stock. Head stock is the main body parts which are placed at left side
of bed.

There is a tail stock. Tail stock situated on bed.

There is a Lead screw.

There are some Legs