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recognizance bond

 

Definitions from the Web

Recognizance Bond

Description

A recognizance bond refers to a legally binding agreement in which a person promises to comply with specific conditions set by the court. Typically used in criminal cases, it enables defendants to be released from custody before their trial, provided they commit to certain obligations.

Sense 1: Legal

In the legal context, a recognizance bond is a written agreement signed by the defendant, ensuring their presence in court for all scheduled hearings and trial proceedings.

Example Sentence: The judge granted the defendant's request for release on a recognizance bond, but warned against any violation of the imposed conditions.

Sense 2: Financial

Alternatively, a recognizance bond can also refer to a financial obligation where a person acts as a guarantor for another individual's debt or obligation.

Example Sentence: John failed to repay his loan, and as a result, his friend had to pay off the debt based on the recognizance bond they had signed.

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