Legal definition of bond
Nettetrecognizance. a bond given by an offender to obey a judgment or keep the peace. RECOGNIZANCE, contracts. An obligation of record entered into before a court or officer duly authorized for that purpose, with a condition to do some act required by law, which is therein specified. 2 Bl. Com. 341; Bro. Ab. h.t.; Dick. Just. h.t.; 1 Chit. Cr. Law, 90. NettetBonds: Written documents by which a government, corporation, or individual—the obligor—promises to perform a certain act, usually the payment of a definite sum of …
Legal definition of bond
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NettetALM's Law.com online Real Life Dictionary of the Law. The easiest-to-read, most user-friendly guide to legal terms. Use it free! Nettetbond. 1. A long-term promissory note. Bonds vary widely in maturity, security, and type of issuer, although most are sold in $1,000 denominations or, if a municipal bond, $5,000 …
Nettet4. nov. 2024 · The legal definition of surety bond is, under the law, a written agreement in which someone receives the bond (monetary payment) and promises to take a specific action, i.e. the performance of a contract or appearance in court. 3 min read A legal obligation is a written agreement in which a person decides to perform a specific act, … NettetThe following is an example of a state statute defining the term bond. According to Va. Code Ann. � 19.2-119, a "Bond" means the posting by a person or his surety of a …
NettetWhat is BOND? Definition of BOND in Black's Law Dictionary - Legal dictionary - Glossary of legal terms. A certificate or evidence of a debt. State v. Merchants Nat. Bank of Mobile, 230 Ala. 661, 162 So. 270; First State Bank of Kansas City v. Bone, 122 Kan. 493, 252 P. 250, 254. A contract. Cusack v. McGrain, 136 Ohio St. 27, 23 N.E.2d 633, …
Nettet12. des. 2024 · 5% bond: Treasury bond (maturity is more than 10 years) Corporate Bonds. Corporate bonds are issued by corporations and offer a higher yield relative to a government bond due to the higher risk of insolvency. A bond with a high credit rating will pay a lower interest rate because the credit quality indicates the lower default risk of the ...
Nettet24. aug. 2024 · Bonds are investment securities where an investor lends money to a company or a government for a set period of time, in exchange for regular interest … phoeberry tycoonNetteta. : to cause to adhere firmly. Heat is used to bond the plastic sheets together. b. : to embed in a matrix (see matrix sense 3b) abrasive material bonded in a resinous binder. … phoebe runsNettetLegal definition for BOND: (1) A suretyship agreement where a bonding company guarantees to a court that a person will perform some required act (for example, making all court appearances, providing t ttc 112 bus scheduleNettetThe bond legal definition is, by law, a written agreement in which someone receives the bond (monetary payment) and promises to engage in a specific act, i.e., performing … phoeberry weddingNettetbond. ( bɒnd) n. 1. something that binds, fastens, or holds together, such as a chain or rope. 2. ( often plural) something that brings or holds people together; tie: a bond of friendship. 3. ( plural) something that restrains or imprisons; captivity or imprisonment. 4. something that governs behaviour; obligation; duty. phoebe runs through parkNettet1. apr. 2024 · To bail out by means of a bail bond.. 1877, Report No. 704 of proceedings In the Senate of the United States, 44th Congress, 2nd Session, page 642: In the August election of 1874 I bonded out of jail eighteen colored men that had been in there, and there has not one of them been tried yet, and they never will be.; 1995, Herman Beavers, … phoebe salusbury hughesNettetBonds are a type of debt security and are also known as "notes". For more on this type of bond, see Practice note, Bond issues: overview . In the context of protection against … phoebe ryan mine