Close this search box.

Table of Contents

Bail Bond


A bail bond is a type of surety bond provided by a bail bondsman or bond agent to secure the temporary release of a defendant from custody until their court appearance. The bond serves as a guarantee that the defendant will appear in court when required or the bond agent will be held financially responsible for the full bail amount. In exchange for this service, the defendant typically pays a fee or percentage of the bail amount to the bond agent.


The phonetic pronunciation of “Bail Bond” is “beyl bahnd”. In the International Phonetic Alphabet (IPA), it’s written as /beɪl bɒnd/.

Key Takeaways

  1. A bail bond is a form of financial guarantee that ensures a defendant’s appearance in court. They are issued by a bail bondsman or a bail bond agency to help secure the release of an accused individual from jail until their court trial.
  2. The bail bond process involves a contract between the defendant, a co-signer (typically a friend or family member), and the bail bondsman. The co-signer is responsible for ensuring the defendant appears in court, and if they fail to do so, the co-signer will be liable for the full bail amount.
  3. Bail bond fees are typically a percentage of the total bail amount (usually around 10%) and are non-refundable. This fee compensates the bail bondsman for their services and risk associated with issuing the bond.


The term bail bond is important in the business and finance sector as it serves as a financial instrument that enables an accused individual to secure temporary freedom from incarceration while awaiting trial. Bail bonds are typically provided by a bail bond agent or surety company, who charge a fee for their services. These agents help reduce overcrowding in jails, support the notion of innocent until proven guilty, and ensure the accused individual’s appearance in court. Moreover, bail bonds facilitate the functioning of the judicial system by incentivizing defendants to abide by the legal processes and providing an avenue for the bail bond agents to generate revenue. Thus, bail bonds play a crucial role in maintaining a balance between the legal rights of an accused individual and the enforcement of judicial proceedings.


A bail bond serves a crucial purpose in the legal system by allowing individuals accused of a crime to maintain their freedom while awaiting trial. This is based on the principle of innocent until proven guilty, as it is unfair for a person to remain confined without having their case heard in court. The bail amount is determined by the judge and often depends on various factors such as the severity of the alleged crime, the suspect’s employment status, and perceived risk of flight. When a defendant cannot afford to pay the entire bail amount out of pocket, they can opt for a bail bond as a financial tool for securing their temporary release. A bail bond is a legally binding contract typically paid for by a third party, known as a bail bond agent, bail bondsman, or a surety company. In exchange for a fee, usually around 10% of the set bail amount, the bail bond agent agrees to pay the full amount to the court, should the defendant fail to appear for their scheduled court date. By involving a financial stake in the arrangement, the bail bond ensures that the defendant has an added incentive to adhere to the terms of their release, while protecting the court from potential financial loss. Furthermore, bail bonds enable people of various economic backgrounds to have access to temporary freedom, as the bond agent assumes the responsibility and risk of covering the bail amount if the defendant does not follow through with their court obligations.


1. Example 1: A person gets arrested for a DUI (Driving Under the Influence) with a set bail amount of $10,000. The individual contacts a bail bondsman to help secure their release. The accused pays the bail bondsman 10% of the bail amount, $1,000, as a non-refundable fee. The bail bondsman then posts the full bail amount of $10,000 with the court. If the accused attends all court appearances, the bail bondsman gets the bail amount returned and keeps the $1,000 fee as profit. If the accused skips court, the bail bondsman forfeits the bail amount and may hire a bounty hunter to find the defendant in order to recover their loss. 2. Example 2: An individual is arrested for embezzlement and their bail is set at $75,000. The person lacks the funds to post the bail themselves, so they turn to a bail bond company for assistance. The defendant provides a 10% fee of $7,500 to the bail bondsman and, as collateral, they offer their house as a guarantee that they’ll attend all future court dates. When the person appears in court as scheduled, the bail bond company gets the $75,000 back, and the homeowner retains their house. If the defendant fails to appear in court, the bail bond company can take possession of the collateral property to cover the forfeited bail amount. 3. Example 3: A celebrity faces criminal charges and is granted bail for $500,000. Due to their high media profile, the celebrity does not want to be seen posting bail directly. They choose to contact a bail bond agent to avoid publicity. The celebrity pays the agent 10% ($50,000) as a fee, and the agent posts the $500,000 bond with the court. When the celebrity attends all court appearances, the bond is returned to the bail bond agent, and they keep the $50,000 fee. If the celebrity fails to attend, the bond agent will be responsible for the forfeited bail and may need to collect additional collateral to recover their loss.

Frequently Asked Questions(FAQ)

What is a bail bond?
A bail bond is a financial guarantee provided by a licensed bail bond agent that ensures the appearance of a defendant in court for their trial. It is a type of surety bond that allows the accused to be released from jail temporarily until their case is concluded in court.
What is the purpose of a bail bond?
The primary purpose of a bail bond is to enable a defendant to be released from jail while awaiting their court appearances, ensuring they return to court as required without posing a risk to public safety. It also allows the defendant to adequately prepare for their trial and continue their usual routine outside of jail.
How does a bail bond work?
If a judge sets bail for a defendant, a licensed bail bond agent can be contacted to post the bail on behalf of the defendant. The defendant or their representative typically pays the agent a fee (usually 10-15% of the bail amount) as well as providing collateral to cover the full bail amount. The bail bond agent then provides the court with the bail bond, ensuring the defendant’s release. If the defendant appears in court as required, the bond is discharged, and the collateral is returned.
Who are the parties involved in a bail bond?
There are three parties involved in a bail bond: the defendant, the bail bond agent, and the court. The defendant is the person accused and awaiting trial, the bail bond agent is the licensed professional providing the financial guarantee, and the court is the legal entity that holds the bond and enforces the requirement for the defendant to appear in court.
What is the cost of a bail bond?
The cost of a bail bond can vary, but generally, the defendant pays a fee (known as a premium) to the bail bond agent, which is typically 10-15% of the full bail amount. This fee is non-refundable and covers the service provided by the bail bond agent.
What happens if a defendant fails to appear in court?
If a defendant fails to appear in court, the bail bond agent may be required to pay the full bail amount to the court. In this scenario, the bail bond agent can utilize the collateral provided by the defendant or their representative to cover their financial obligation. The bail bond agent may also employ a bounty hunter to locate and return the defendant to court, restoring the bond and avoiding the forfeiture of the bail amount.
How long does it take to get a bail bond?
The process of obtaining a bail bond can vary depending on the complexity of the case, the availability of a bail bond agent, and the responsiveness of the court. In most cases, a bail bond can be obtained within a few hours after the bail amount has been set by the court.
Can a bail bond be denied?
Yes, a bail bond can be denied if the bail bond agent determines that the defendant is a high flight risk, insufficient collateral can be offered, or the defendant has a history of failing to appear in court. Additionally, a judge can deny bail entirely if the defendant is considered a danger to society or a high flight risk.

Related Finance Terms

  • Collateral
  • Indemnitor
  • Bond Premium
  • Bounty Hunter
  • Bail Forfeiture

Sources for More Information

About Our Editorial Process

At Due, we are dedicated to providing simple money and retirement advice that can make a big impact in your life. Our team closely follows market shifts and deeply understands how to build REAL wealth. All of our articles undergo thorough editing and review by financial experts, ensuring you get reliable and credible money advice.

We partner with leading publications, such as Nasdaq, The Globe and Mail, Entrepreneur, and more, to provide insights on retirement, current markets, and more.

We also host a financial glossary of over 7000 money/investing terms to help you learn more about how to take control of your finances.

View our editorial process

About Our Journalists

Our journalists are not just trusted, certified financial advisers. They are experienced and leading influencers in the financial realm, trusted by millions to provide advice about money. We handpick the best of the best, so you get advice from real experts. Our goal is to educate and inform, NOT to be a ‘stock-picker’ or ‘market-caller.’ 

Why listen to what we have to say?

While Due does not know how to predict the market in the short-term, our team of experts DOES know how you can make smart financial decisions to plan for retirement in the long-term.

View our expert review board

About Due

Due makes it easier to retire on your terms. We give you a realistic view on exactly where you’re at financially so when you retire you know how much money you’ll get each month. Get started today.

Due Fact-Checking Standards and Processes

To ensure we’re putting out the highest content standards, we sought out the help of certified financial experts and accredited individuals to verify our advice. We also rely on them for the most up to date information and data to make sure our in-depth research has the facts right, for today… Not yesterday. Our financial expert review board allows our readers to not only trust the information they are reading but to act on it as well. Most of our authors are CFP (Certified Financial Planners) or CRPC (Chartered Retirement Planning Counselor) certified and all have college degrees. Learn more about annuities, retirement advice and take the correct steps towards financial freedom and knowing exactly where you stand today. Learn everything about our top-notch financial expert reviews below… Learn More