Difference between Bond and Bail
Basis |
Bond |
Bail |
---|---|---|
Meaning |
Bond refers to a surety bond, in which the bondholder agrees to make good any losses incurred if the defendant fails to appear in court when summoned. |
Bail is the provisional release of an accused person awaiting trial in exchange for a specified sum placed as security with the proper authorities to ensure their attendance in court. |
Paid By |
The bail bondsman who acts as a guarantor to the arrangement pays the bond’s consideration. |
Bail is paid by the defendant or someone acting on his or her behalf, such as friends or relatives. |
Objective |
The existence of a third individual in this process indicates a connection. |
Bail is one type of security that may be used to reassure others. |
Consideration |
Bond is permissible only if a credible third party assumes responsibility for the accused’s debt and duty. |
Bail is permitted for a specific consideration determined by the court. |
Money |
The fee paid for the services given is not refundable. |
The amount of bail is returned to the defendant at the conclusion of the trial when all court processes are completed. |
Cost |
Bond is expensive. |
Bail is reasonable in comparison to Bond. |
Difference between Bond and Bail
Bonds and Bail are legal mechanisms used in criminal justice systems. A bond is a sort of surety a bail bond business posts to ensure the defendant’s release. In contrast, bail is the money given to the court to ensure the defendant appears for all scheduled hearings and trials.
Table of Content
- What is Bond?
- What is Bail?
- Difference Between Bond and Bail
- Conclusion
- Difference Between Bond and Bail- FAQs