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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 ?
Unless the US high court agrees to the request, Ye Gon could be on his way to Mexico soon, Smith said.
This study showed that repetitive GON blocks with bupivacaine decreased the number of headache days, duration, and VAS scores significantly in migraine patients.
Ye Gon intento desde un principio quedarse en Estados Unidos, bien como testigo protegido o bajo asilo politico.
La Fiscalia especificaba: "Se aprecia fundadamente que Zhenli Ye Gon o Zhenli Ye, Tomoiyi Marx Yu y Hongjun Ye, propietarios de las empresas Unimed Pharm Chem Mexico, S.
The money Las Vegas Sands agreed to pay as part of the settlement represents the funds that were sent to the Venetian by or on behalf of Ye Gon, prosecutors noted.
Gon and Eddie soon met and befriended another young couple, Arie van Empel, a lawyer, and his wife, Lennie.
Ci&T fue formada por Gon junto a dos colegas de la Universidad de Campinas (Unicamp), Bruno Guicardi y Fernando Matt, para abastecer a IBM de componentes de software para telecomunicaciones.
Javier Olea Pelaez, del bufete Olea y Olea Abogados, quien aclaro que aun en el supuesto de que Ye Gon fuera exonerado en Estados Unidos y se le negara la extraditacion a Mexico, la tramitacion para recuperar su capital es una: la comprobacion licita de la obtencion del mismo.
The court also sentenced the two others involved in the case with Takei and Gon to two years and six months in prison, suspended for four years, and two years and eight months in prison, suspended for five years, respectively.
Still don't know how I'm gon pay for the lessons if Ward accepts me.
Kim Song Ju, 71, Kim Bok Rye, 71, and Kim Jung Gon, 76, the brother of Kim Sun Rye, who was forced to work at age 14, filed the lawsuit with the Nagoya District Court, demanding an apology in addition to the compensation for having to labor at a plant in Nagoya.