What is a bail bond?

• A. A bail bond issued by a licensed authority company that guarantees the defendant appearance in court
• B. A charge for the surface provided by the court, such as filing certification or copies
• C. The balance in a company's bank account according to the company's accounting records, or books
• D. A monetary penalty imposed as punishment for a violation of law

Answer: (A)

A bail bond is a contract with a licensed bail bondsman that guarantees the defendant’s appearance in court. When bail is set, the defendant can post cash or use a bondsman who posts the bail on their behalf in exchange for a nonrefundable fee and sometimes collateral. If the defendant attends all court dates, the bond is discharged and the premium remains with the bondsman. If the defendant fails to appear, the bondsman is responsible for paying the full bail to the court and will seek to recover that amount from the defendant or the collateral. This concept is distinct from court service charges, a company’s cash balance, or a monetary penalty (fine).