GO

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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.

Goes

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.

GO

References in periodicals archive ?
We got back into the game and played really well at times, but the big decisions went against us.
1% of investor votes went against HSBC's remuneration report following criticism from shareholder body Pensions & Investment Research Consultants (Pirc).
I don't want to criticise the referee but a lot went against us.
Forfar assistant Campbell said: "Some horrendous decisions went against us, it's as simple as that.
The department concluded that the oversleeve went against the various legislation governing the labelling of food in general, and fish in particular.
So the vote went against Tony Blair on holding suspected terrorists for 90 days.
As a negotiating ploy, he would regularly threaten to resign if the Administration's internal decision-making process went against him.
Councillors agreed to the proposal earlier this year - against the advice of officers who warned the scheme could rob the area of greenfield land and went against the local plans.
They went against their own point, that the stuff I do is not of mainstream interest," Cohn said.
Someone who obviously has no regard for proper procedure and application of those procedures, someone who willfully and knowingly went against well-established church canon, does not sound like someone in a position of leadership to me.
The Navajo nation went against the will of its members, say the protesters, in making a deal with Peabody Coal Company, the largest coal company in the United States, back in the 1970s.
Nobody records the deeds of those who went against good advice and caused trouble for themselves and others.