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Georgia, once a self-proclaimed leader in criminal justice reform, is sliding a little further toward its old lock-'em-up ways. State senators voted 30-17 on Thursday to require cash bail for 30 ...
A federal judge on Friday temporarily blocked part of a Georgia law that restricts organizations from helping people pay bail so they can be released while their criminal cases are pending. U.S ...
The Bail Project, a national nonprofit that aids thousands of low-income people behind bars, said Monday it is reopening its Atlanta branch after a judge temporarily blocked part of a Georgia law ...
Court-ordered cash bonds require the total amount of bail to be posted in cash. The court holds this money until the case is concluded. Cash bonds are typically ordered by the Court for the following reasons: when the Court believes the defendant is a flight risk, when the Court issues a warrant for unpaid fines, and when a defendant has failed ...
WAL should not be confused with the following distinct concepts: Bond duration Bond duration is the weighted-average time to receive the discounted present values of all the cash flows (including both principal and interest), while WAL is the weighted-average time to receive simply the principal payments (not including interest, and not discounting).
The day count is also used to quantify periods of time when discounting a cash-flow to its present value. When a security such as a bond is sold between interest payment dates, the seller is eligible to some fraction of the coupon amount. The day count convention is used in many other formulas in financial mathematics as well.
Biweekly pay periods dominate, but some industries stand out. The standard U.S. payday schedule formats are weekly, biweekly, semimonthly, and monthly.
Bond agents generally charge a fee of 10% for a state charge and 15% for a federal charge, with a minimum of $100 in such states as Florida, required in order to post a bond for the full amount of the bail. [13] This fee is not refundable and represents the bond agent's compensation for services rendered. [14]