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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 classic literature ?
We could almost fancy we heard their voices and the bleating of their sheep and goats, but when the sun went down and it came on dark, we camped down upon the beach, and next morning I called a council.
Matkah taught him to follow the cod and the halibut along the under-sea banks and wrench the rockling out of his hole among the weeds; how to skirt the wrecks lying a hundred fathoms below water and dart like a rifle bullet in at one porthole and out at another as the fishes ran; how to dance on the top of the waves when the lightning was racing all over the sky, and wave his flipper politely to the stumpy-tailed Albatross and the Man-of-war Hawk as they went down the wind; how to jump three or four feet clear of the water like a dolphin, flippers close to the side and tail curved; to leave the flying fish alone because they are all bony; to take the shoulder-piece out of a cod at full speed ten fathoms deep, and never to stop and look at a boat or a ship, but particularly a row-boat.
One day as the sun went down, they came to the cave in the Mount of Pion, and they said, each to his fellow, Let us sleep here, and go and feast and make merry with our friends when the morning cometh.
It happened the night I went down to see Kitty Marr.
Seeing a light, we went down, and found only an old rigger there, wrapped in a tattered pea-jacket.
My aunt was as happy as I was, in the arrangement made for me; and we went down to the drawing-room again, well pleased and gratified.
She then went down into her fragrant store-room, where her embroidered robes were kept, the work of Sidonian women, whom Alexandrus had brought over from Sidon when he sailed the seas upon that voyage during which he carried off Helen.
The largest and strongest man of the number changed swiftly to the side on which he came up, and dexterously closed with him and went down with him; but not before the heavy stick had descended smartly.
Zarathustra went down the mountain alone, no one meeting him.
I went down at the moment another projectile struck the Nautilus, and I heard the Captain exclaim:
Groslow, then, having given the sailor on duty an order to be on the watch with more than usual vigilance, went down into the longboat and soon reached Greenwich.
Once again an order went down to the engine-room, and the tug reduced speed.