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Judges may set either a percentage bond, allowing the defendant to get out if they pay 10 percent of it, or a personal recognizance bond, allowing the defendant to be released on a ?promise to pay? based upon their own signature. Bail bondsmen are not used in the State of Nebraska as they are in other states.
Being released on bond means the police or courts have released a defendant who has been criminally charged from jail after paying bail money. The bond requires someone or insurance to guarantee that the arrested person will show up for all court appointments until the case is resolved.
N. an order of a court in a criminal case allowing an accused defendant to be freed pending trial if he/she posts bail (deposits either cash or a bond) in an amount set by the court.
Bonds are issued by governments and corporations when they want to raise money. By buying a bond, you're giving the issuer a loan, and they agree to pay you back the face value of the loan on a specific date, and to pay you periodic interest payments along the way, usually twice a year.