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Related to Go slow: work to rule, Industrial dispute

General Obligation Bond

In the United States, a municipal bond in which the issuing locality pledges to use all revenues at its disposal to pay bondholders, including the raising of property taxes. Should a sufficient number of residents not pay their property taxes that it impacts revenue for bondholders, the terms of the bond legally require the municipality to raise property taxes to make up the shortfall. There are two basic types of general obligation bonds. A limited GO allows for the raising of property taxes up to a certain percentage, while an unlimited GO theoretically allows the municipality to levy taxes of up to 100% of a property's value. Because an unlimited GO provides a great incentive to pay property tax on time, and because many states only allow such a bond to be issued following a vote on the matter, credit ratings agencies usually rate them higher. However, both types of GO are generally rated highly.


To trade, especially at a given price. For example, one may say that a stock "goes" at $10, meaning that one may trade at its current share price of $10.


References in periodicals archive ?
Although, retail loan constitutes a small portion of our business and, hence not hurting us significantly, we've decided to go slow for the time being.
Wildlife experts have warned people to go slow while boating on the river.
You have to go slow to get acclimated to the altitude.
There's so much traffic, so you have to go slow here.
Clearly, you're not going to put on a suit called a Fastskin and expect to go slow.
One lesson taught by the library landscape is to go slow with natives or, for that matter, any other plants with which you are not completely familiar.
I think the important thing is that we will go slow and do this right,'' said Brian Ranger, operations manager with American Medical Response, which is the largest private ambulance company in the county and covers all areas except parts of Oxnard and Ojai.