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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 ?
Kuwait TV and MBT (Arabic) -- BN and NTV Hayat (Balkan) -- KISB4 - CBS, KISB5 - MBN and KISB7 - Sky Baduk (Korean) -- CTN and TVK (Cambodian) -- Pro TV and RSC1 (Romanian) -- RTR Planeta (Russian) -- Public TV of Armenia (Armenian) -- RTPi (Portuguese)
Andrew was born in Wales and educated in England, where he had various middle school teaching positions before going to Korea to learn Baduk.
Rui moved to Seoul in 1999, where she was welcomed as a guest player by the Korea Baduk Association which had been in an effort to enhance the country's levels of female go players.