(redirected from go off)
Also found in: Dictionary, Thesaurus, Legal, Idioms, Encyclopedia, Wikipedia.
Related to go off: go off on someone

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 ?
People are taking them out because when they are cooking and haven't got a window open they can go off.
Coral have little doubt that John Oxx's colt will head the market, Simon Clare, spokesman for the Barking firm, said: "I think Sea The Stars will go off favourite.
David Williams of Ladbrokes said: "Earlier in the week it was a possibility, but we would be astonished if Cloudy Lane was to go off as short as Red Rum.
The fact is that ringtones go off everywhere, from public restroom stalls to business meetings, the latter of which David W.
A police official said authorities had received an anonymous warning that three bombs would go off at the police station in Kalithea.
FIA boss Max Mosley said: "It is inconceivable in normal circumstances that a driver would go off under double yellows.
A YOUNG mum is calling for action over smoke alarms which go off for no apparent reason in the block of flats where she lives with her baby daughter.
The Northern Ireland soccer legend is on a waiting list for the operation and has a buzzer which will go off when doctors find an organ.
Each team had a shot go off the post in the final three minutes of the period.
People have told me that flashbulbs go off all around the arena; it's a Kodak moment.