Definition of bail bond
Webbail bond noun [ C ] uk us LAW a document stating that an amount of money has been paid to allow a person who has been accused of a crime to remain free until the trial. If the person does not appear at the trial, the court keeps the money: His lawyer appealed and the bail bond he had already signed meant he was free to go. WebA bail bondsman is a person who, in exchange for compensation, agrees to post bail for a defendant with the understanding that this defendant will appear in court. A bail bondsman acts as a “surety” (see below for definition). Collateral —Anything provided by the defendant in order to guarantee that the bondsman is paid in full.
Definition of bail bond
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WebMay 5, 2024 · Bail can also be paid using a credit card at the courthouse, online, or at a kiosk in a correctional facility, but only if a judge has set “credit card bail.” Insurance company bonds are normally set in amounts higher than the cash bail amount, and require payment of a fee (always 10% or less of the total) to a private company called a Bail ... Webthe amount designated in the order fixing bail. 14. "Appearance bond" means a bail bond in which the only obligor is the principal. 15. "Surety bond" means a bail bond in which the obligor or obligors consist of one or more sureties or of one or more sureties and the principal. 16. "Insurance company bail bond" means a surety bond, executed in the
Weba waiver of payment on the condition that the defendant appear in court at the required time (commonly called release on one's "own recognizance"). A bond that costs 10% of the bail amount might sound like a good deal compared to posting cash bail, but buying a bond may cost more in the long run. WebApr 9, 2024 · A bond is money paid by a third party (a bail bond company) to meet bail. "Bail bond" is the term for the overall process of using a bond to get out of jail on bail. The word likely comes from the Old French term "baillier," which means controlling, guarding, or delivering. It may have Latin roots in the word "baiulare" which means to bear a ...
Webbail bond meaning: a document stating that an amount of money has been paid to allow a person who has been accused of…. Learn more. WebJun 14, 2024 · People held on bail have been accused, but not yet convicted, of crimes. They often are locked up only for inability to pay the amount determined by a judge, frequently based on a preset bail …
WebOct 23, 2024 · A construction bond is a type of surety bond utilized in engineering projects to protect against can adverse event that motives disruptions or financial loss. A architecture bond is adenine type of surety bond used in constructive projects to protect against into adverse choose that causes troubles or financial loss.
Webbail bond: A written promise signed by a defendant or a surety (one who promises to act in place of another) to pay an amount fixed by a court should the defendant named in the document fail to appear in court for the designated criminal proceeding at the date and … We would like to show you a description here but the site won’t allow us. Indeed, according to the American Bail Coalition (ABC), a trade industry group, … Define bail bond. bail bond synonyms, bail bond pronunciation, bail bond … Money given by a third party to a court to ensure that the defendant appears at … THE Premier Division title race is still in the balance due to leaders Liscard Bronze … imprisonment: Incarceration; the act of restraining the personal liberty of an … Money given by a third party to a court to ensure that the defendant appears at … PARTIES TO ACTIONS. Those persons who institute actions for the recovery of … balance sheet test: the process of ascertaining, from a company's balance … bail out 1. To pay for someone's release from jail. A person's name or a pronoun … sense of uselessnessWebbail noun (MONEY) [ U ] an amount of money that a person who has been accused of a crime pays to a law court so that he or she can be released until his or her trial. The … sense of urgency marketingWebbondsman: [noun] one who assumes the responsibility of a bond : surety. sense of wonder and curiosityWebDec 10, 2024 · Cash bail is used as a guarantee that a defendant will return for a trial or hearings. The money is returned after they make all necessary court appearances, otherwise the bail is forfeited to the government. In most places, a standard bail amount is set for any alleged offense, but judges typically have broad discretion to raise or lower it. sense of urgency team buildingWebMay 27, 2015 · Bail. In the legal system, the term bail refers to a process in which an individual arrested for a crime is required to pay a specified amount of money to be … sense of vulnerability in safetyWebDEFINITION OF "BAIL BOND". A "bail bond" is a written undertaking entered into by the defendant and the defendant's sureties for the appearance of the principal therein before … sense of where your body isWebbail noun (MONEY) [ U ] an amount of money that a person who has been accused of a crime pays to a law court so that they can be released until their trial. The payment is a … sense of well being definition