A peace bond is a court order where a person promises to abide by conditions. It does not involve an admission of guilt. Rather, one must simply not oppose the imposition of the order because there are reasonable grounds to believe that the complainant feared for their safety or the security of their property at some point in the previous six months.
Typically a peace bond is entered into in exchange for the staying of criminal charges. The accused person promises to keep the peace and be of good behaviour for the period of the bond, usually 12 months. Other conditions can be attached to the bond as well, including not to have contact with a certain person.
The person entering the bond is required to pledge an amount of money that might be forfeited if a term of the bond is breached. A peace bond does not involve a criminal record. Failure to follow the terms of the bond or an accusation thereof is a new criminal offence.