What is the difference between bail and bond?

So you see, there is a difference between bond and bail. Defendants who immediately secure their release with money are bailed out. Defendants who secure their release with collateral (property or a promise to pay) are bonded out. read more

Now you know difference between bail and bond, but here is the extra credit! There is another form of bond known as a signature bond. For less serious offenders, they can sign (get it — signature) a bond, promising that they’ll return to court. This example of bond is also known as O.R. read more

Bail bond companies have good credit and the courts will allow you to go free if they vouch for you. In exchange you have to pay a percentage of the bail to the bail bond company. So in our example the bail bond company may secure your release, but charge you $1,000 (10% of bail is pretty standard). read more

As you likely know, bail is the monetary amount a defendant must pay to secure his release. read more