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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 ?
This helpline will afford farmers access to us for firsthand information on seed and other needs.
The artificially cultivated large-leaved gentian was mostly through seed propagation (Cao et al.
The focus of the 'National Seed Policy' will be to provide highest quality of seed having genetic and physical purity of the prescribed seed standards.
He said that certified seed bags were tagged with blue colour while the seed bags with pink tags of cotton seed having germination percentage of 44% have also been provided.
Most commercially available seed has been selected because it performs fairly well across the entire country if given synthetic fertilizers.
Thus, to keep seed from one year to the next, store the seed cool and dry.
In the second group the second seed, Shannon Walker, won the competition beating the top seed Ashley Scott in the final match 11-8, 12-14, 11-8, 12-10.
Scientists have engineered cotton plants to produce seeds that are missing a poisonous compound that had previously rendered them inedible.
In addition to offering more convenience and increases in efficiency," Long says, "the use of a seed treatment means the product is targeted at the source of the problem.
The natural products company Seeds of Change explains: "Open-pollinated seeds, unlike commercial hybrids and genetically modified seeds, will produce seed, which if properly controlled to avoid cross-pollination, will reproduce true to form.
The insurance policy expressly excluded claims arising out of "the production, distribution, delivery or sale of genetically altered or genetically engineered seed if such injury or damage arises out of such genetic engineering or genetic alteration.
As the roofs were blown off, trees were blown from tables, seed trays were flooded and young trees were broken off at soil level.