Give an example of someone who held a bond.
- He was convicted in 1507 of illegally retaining 471 men, giving him a fine of £70,000
- Henry placed this debt under a bond to repay £5000 over 10 years
- He also gave him the instruction that he could not step foot in his family lands until the debt was settles
- This meant that Henry both raised money from someone he did not trust, and also obliged him to keep in the King's favour or risk ruin