Elsewhere here, M. Farooq has given excellent answer for this analytical chemistry question. I like to explore this answer by explaining what are these lines means and some confusions arose from M. Farooq's answer.
The pipette is an important tool in many fields of science. There are few types of them:
- Volumetric pipettes: This type of pipettes is used to deliver a single specific volume of liquid (e.g., $\pu{1, 10, 25, 50 mL}$, etc.). This type of pipettes are reminiscent of big rolling pin with a belly. When emptying its content, the liquid is allowed to drain-out by gravity, should never be blown-out. After emptied the content, a small amount of liquid should remain in the tip of the pipettes.
- Measuring pipettes: This type of pipettes is used to measure various amounts of liquids using the same pipette. This type of pipettes are straight glass or plastic tubes with one tapering end. The straight tube is calibrated into small sections so that different amount of volumes can be measured (e.g., see images attached to the question). Measuring pipettes can be divided into two other types: Mohr pipettes and Serological pipettes.
- Mohr pipettes: The graduation of this type of pipettes is end before the tip (maximum volume does not include the volume in the tip).
- Serological pipettes: The graduation of this type of pipettes is continued to the tip (maximum volume includes the volume in the tip).

There are a few specifications on Measuring pipettes. Closed to the tapered end, some pipettes contain two circles, which indicate the pipette is a blow-out one (see below):

After that, there are calibration information, which contains the maximum volume and the temperature where the measurement is most accurate. For example, if it reads "$\pu{10 mL}$ in $1/10$ TD at $\pu{20 ^\circ C}$" that means maximum volume is$\pu{10 mL}$ and minimum volume is $\pu{0.1 mL}$ at $\pu{20 ^\circ C}$, and pipette is to deliver (TD). If it is TC, then it for to contain (see above image). Some manufacturers use a color coded ring to indicate the maximum volume. For example, Eppendorf uses yellow, green, blue, orange, red, and violet colors to indicate $1, 2, 5, 10, 25,$ and $\pu{50 mL}$ Serological pipettes.
Reference:
Karen Guzman, "Pipetting: A Practical Guide," The American Biology Teacher 2001, 63(2), 128-131.