What is another word for bail bond?

Pronunciation: [bˈe͡ɪl bˈɒnd] (IPA)

A bail bond is a legal tool used to secure the release of a person from jail by paying a fee. However, there are several synonyms for this term, including surety bond, bail surety, and bail insurance. A surety bond involves a third party, often a bail bondsman, who guarantees that the defendant will show up for their court appearances. Bail surety, on the other hand, can be used interchangeably with surety bond. Finally, bail insurance is similar to a surety bond, but it involves an insurance company serving as the third party that guarantees the defendant's appearance. Regardless of the term used, the primary goal of this legal tool is to ensure that individuals are granted their freedom while awaiting trial.

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