BROWSE

Bail Bond

What is 'Bail Bond'

A written promise signed by a defendant and surety to ensure that a criminal defendant will appear in court at the scheduled time and date, as ordered by the court. The bail amount is set by the court.


The process starts with a defendant being released on bail; the bail is paid by a surety (bail bond agent or bondsman), who usually collects a percentage of the amount of bail. In order to pay the bail, so that the defendant can be released while awaiting trial on criminal charges, the agent might require collateral in the form of valuable property, securities or a statement of creditworthiness.

Explaining 'Bail Bond'

Bonds over $1,000 usually cost 10% of the bond. For example, if bail is set at $20,000, the premium would be $2,000. Additional fees may also be added. The goal of a bail bond is to prevent abuse of the appeal process, where the intent for appeal is for a reason other than that for which it is intended. If the defendant fails to appear in court, the cash bond is paid to the court and the collateral is collected by the bond agency, including any other related fees.


Further Reading


Who skips? An analysis of bail bond failure to appear
www.tandfonline.com [PDF]
… They also emphasize that sovereign bonds have not been the most important source of financial pressure on … and that the recent success of efforts to introduce collective action clauses into sovereign bond contracts is unlikely to sig- nificantly reduce pressure to bail out crisis …

To bail-out or to bail-in? Answers from an agent-based modelTo bail-out or to bail-in? Answers from an agent-based model
www.sciencedirect.com [PDF]
… They also emphasize that sovereign bonds have not been the most important source of financial pressure on … and that the recent success of efforts to introduce collective action clauses into sovereign bond contracts is unlikely to sig- nificantly reduce pressure to bail out crisis …

Financial fragility, sovereign default risk and the limits to commercial bank bail-outsFinancial fragility, sovereign default risk and the limits to commercial bank bail-outs
www.sciencedirect.com [PDF]
… They also emphasize that sovereign bonds have not been the most important source of financial pressure on … and that the recent success of efforts to introduce collective action clauses into sovereign bond contracts is unlikely to sig- nificantly reduce pressure to bail out crisis …

Moral hazard and bail-out in fiscal federations: evidence for the German LänderMoral hazard and bail-out in fiscal federations: evidence for the German Länder
papers.ssrn.com [PDF]
… They also emphasize that sovereign bonds have not been the most important source of financial pressure on … and that the recent success of efforts to introduce collective action clauses into sovereign bond contracts is unlikely to sig- nificantly reduce pressure to bail out crisis …

Has the new bail-in framework increased the yield spread between subordinated and senior bonds?Has the new bail-in framework increased the yield spread between subordinated and senior bonds?
www.tandfonline.com [PDF]
… They also emphasize that sovereign bonds have not been the most important source of financial pressure on … and that the recent success of efforts to introduce collective action clauses into sovereign bond contracts is unlikely to sig- nificantly reduce pressure to bail out crisis …

Bail Ins, Bailouts, and Borrowing CostsBail Ins, Bailouts, and Borrowing Costs
books.google.com [PDF]
… They also emphasize that sovereign bonds have not been the most important source of financial pressure on … and that the recent success of efforts to introduce collective action clauses into sovereign bond contracts is unlikely to sig- nificantly reduce pressure to bail out crisis …