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I think it's been covered fairly well - Bail is the money you put up to guarentee your freedom. A Bail Bond is securing your freedom by using an agency to put up the money, you pay a percentage which the bondsman keeps as a fee and they put up the money to insure that you return for your court dates. If you do not show up, aka jump bond, then the bondsman will have X number of days (depending on your jurisdiction) to find you and return you to custody. At this point any fees incurred by the bond company to locate you are now your debt to pay. Most bondsman require a cosigner - someone who is saying they will assure that you show up in court, or know where to find if you jump. If you jump and run - you have then incurred additional charges of failure to appear and bond jumping. If they do not find you they can come back financially and legally on the cosigner for fees, the bail amount, and file charges for defrauding an insurance company.
When a person is arrested they can wait in jail for a court hearing new-jersey they can put up a specified amount of $$ to get released, called bail. The bail is suppose to be a guarantee that you will come back for court because if you no-show the $$ is forfeit and a warrant issued. Some times bail is more cash than many people have, like starting at $1000 and going up to a 1/2 million $$ or more. When the bail is more cash than someone has, they can pay a bail bondsman to put up the whole $$ and the bonding company charges the person a fee, usually about 10% of what they put up. So if your bail is $50,000 the bond agency pays that to the court and charges you $5000 for the service. If the arrested no- shows (jumps bail) on a bondsman, they send really biggg guys with really big guns to hunt you down because they reallyyy don't like loosing the $50,000 the court keeps when you no-show.
Bail is money given in exchange for temporary freedom. The money is given as a guarantee you won't flee. Bail and bond mean the same thing, so Bail Bond is redundant.
Bail is the money you pay so that you do dont have to wait in a holding cell until your trial date...it doesnt mean your are free and the price is set by the judge and varies apon the crime....a bail bond is if lets say you need $2,000 to get out and you dont have it...you borrow from a bail bondman and he gives it to you on loan but you have to pay interest...needless to say dont commit crimes and you dont have to worry about any of it