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Org ' wiki ' Recognizance Recognizance - Wikipedia bond, is a type of bail bond that does not require the defendant to pay any money upfront. A PR bond, also known as a Personal Recognizance Bond, is when a Judge allows the defendant to be released without any deposit or collateral.R. Bond" is legally defined as a "personal bond. When a judge grants a PR bond, also known as a Personal Recognizance Bond, the defendant is released without any deposit or security. PR bail stands for personal recognizance bail. It is different from other means of getting released from jail in that a bail amount is set but then waived. A PR bond is when a person who has been arrested in Colorado gets released on his or her "own recognizance" without having to pay any money. No bail has to be paid, either to the court or to a bail bond seller. However, all other aspects of bail remain the same. Cash or Surety Bond.