Which of the following best describes a secured bond?

A secured bond is defined as a bond that is backed by collateral, meaning that the individual who is securing the bond provides a tangible asset to guarantee their obligation to appear in court. This collateral can be in the form of property, cash, or other valuables that the court can claim if the defendant fails to appear for their scheduled court dates. The purpose of requiring collateral is to provide a level of financial assurance to the court, thereby reducing the risk involved in releasing the defendant prior to trial.

This concept is critical in the bail process, as it allows some defendants to secure their release while still ensuring that the court has a means of recourse if they do not fulfill their legal obligations. The other options do not accurately depict the nature of a secured bond. For instance, a bond requiring no payment would not involve any risk to the court and therefore does not qualify as secured. Similarly, a bond for non-violent offenders pertains to the type of offense and not the nature of the security provided. Lastly, a bond set by the defendant implies a lack of formal security, as it does not necessarily hinge on any collateral.