it triggers the bail bond agent's liability for the full bail amount. The bond agent may also pursue legal action to recover the amount from the defendant or their co-signers, and additional penalties or forfeiture of collateral may occur if the defendant's absence leads to a breach of the...
A legal process is the processes or procedures followed during a legal case, or the serving of a summons or court order upon a...
A bail bond hearing is a court appearance during which the defendant asks the judge to release him from police custody pending the outcome of a criminal case. A first bail hearing may be part of an initial hearing in which formal charges are presented -- also called anarraignment-- or be...
Like most, a term bond can be called or converted at points before maturity is reached. When this happens, the terms and conditions inherent in the bond issue will determine the amount of profit that the investor will make on the called term bond. Thus, it is a good idea for the invest...
A bond is a loan to a government, agency, or company that is repaid with interest. Bonds can complement stocks and other more aggressive investments in a portfolio. The IOUs of the financial world, bonds represent a government's, agency's, or company's promise to repay what it borrows—...
no chance of being able to divert the unused materials and their costs to a different pending project. In addition, trade laws that apply to the construction industry in the area in which the building activity is taking place will have some impact on the exact terms of the contract bond. ...
A surety bond is a promise by a third-party guarantor to pay a specified amount if one party to a contract fails to meet their obligation. This protects the other party, typically a project owner or a supplier of significant assets, against losses resulting from the other’s failure to mee...
What is a Treasury bond? Treasury bonds, often referred to as T-bonds, are long-term loans made to the U.S. government. When you buy a Treasury bond, you’re essentially lending money to the federal government. In return, the government agrees to pay you a fixed rate of interest every...
examples of the different types of court bonds available. Depending on the jurisdiction and the nature of the case, other types of bonds may exist as well. It is essential to consult with legal professionals or bonding companies to determine the specific bond required for a particular situation....
Overview of what is a bond and why they are seen A bond is a long term debt security. It represents debt because the investors ac-tually lend the face amount to the bond is-suer. However, unlike loans, bonds can be traded in the open market, ie. the investor need not hold it to ...