Simple English definitions for legal terms
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Definition: Bail absolute is a type of fiduciary bond that holds a surety liable if an estate administrator, executor, or guardian fails to properly account for estate funds.
Example: If a person is appointed as an executor of a will, they may be required to post a bail absolute bond to ensure that they properly manage and distribute the estate's funds. If they fail to do so, the surety on the bond will be held liable for any losses.
This example illustrates how bail absolute is a form of financial security that ensures responsible management of funds in certain legal situations.