#recognizance__recognisance (law) a security entered into before a court with a condition to perform some act required by law; on failure to perform that act a sum is forfeited
supertype: #security.transferred_property__surety property that your creditor can claim in case you default on your obligation; "bankers are reluctant to lend without good security"
subtype: #bail_bond__bail__bond (criminal law) money that must be forfeited by the bondsman if an accused person fails to appear in court for trial; "the judge set bail at $10,000"; "a $10,000 bond was furnished by an alderman"
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