Meaning cash bond
What does cash bond mean? Here you find 3 meanings of the word cash bond. You can also add a definition of cash bond yourself
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cash bondDefinitions (2) 1. General: An arrangement wherein a party gives to another an amount of money to secure the fulfillment of an obligation. In cases where the party fails to comply with the obligation, [..]
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cash bondA written agreement in which a defendant, or another person on the defendant’s behalf, ensures he/she will perform duties as outlined by the Court while awaiting trial by depositing bail money (cash) with an authorized official equal to the bail bond set by the Court.
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cash bondSum of money posted by a criminal defendant to insure his presence in court. Used in place of surety bond and real estate.
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