The author of the textbook Criminal Procedure by Lippmann, Matthew (2022). Criminal Procedure, (5th Edition). Sage Publications states that in England, the practice at the time of the drafting of the U.S. Constitution was that individuals who had been arrested and who were awaiting trial could be released from detention by depositing money or title to property with the court. A failure to appear for trial resulted in the forfeiture of the money or property.

What is this philosophy called and what does it entail?