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...... is known as a 'surety bond.'

or Bail--

ADDED: The second answer is incorrect. The question asks about "PROPERTY" that a person puts up. The definitiion of "bail" is: Bail is the MONEY a defendant pays as a guarantee that he or she will show up in court at a later date.

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Q: An accused person's property which the court keeps to ensure that they will return for trial?
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