Bond Definition Under Law In Cook
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For example, if the judge sets a $5,000.00 standard bail bond, you will remit to the court $500.00. If you plea to any of the charges, you will receive 90% of that deposit back, or $450.00.
Being held without bond means that the individual will be held in confinement without being given the opportunity to be bonded/bailed out of jail. The person will be held without bond until a motion for bond is drafted and filed by the attorney and a hearing is held in the court.
What Is a Term Bond? Term bonds are notes issued by companies to the public or investors with scheduled maturity dates. The term of the bond is the amount of time between bond issuance and bond maturity. On the maturity date of a term bond, the bond's face value, the principal amount, must be repaid to the bondholder.
Being held without bond means that the individual will be held in confinement without being given the opportunity to be bonded/bailed out of jail. The person will be held without bond until a motion for bond is drafted and filed by the attorney and a hearing is held in the court.
Bonding is the establishment of a relationship or link with someone based on shared feelings, interests, or experiences, as in: ``We were friendly to each other, but there was no bonding.''
Black's Law Dictionary defines “bond” gener- ally as an obligation or a promise, and “bail bond” as “a bond given to the court by a criminal defendant's surety to guarantee that the defendant will duly appear in court in the Page 7 GLOSSARY OF TERMS 4 future and, if the defendant is jailed, to obtain the defendant's ...
For example, if you buy a $1,000 bond paying 5% interest annually for 20 years, you are entitled to receive $50 every year in interest payments for the period you hold the bond.
If you did not surrender your bond slip in the courtroom, you may bring the bond slip or the bond number(s), to the Richard J. Daley Center, 50 West Washington St., Room 1006. A receipt of the transaction will be provided to you for your records. Refund checks are mailed to the address indicated on the bail bond form.
