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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 ?
Our interpretation is that, because we are making a presumed decision to dilate prior to the appointment because we want better images, and it is the images that are outside the scope of GOS and it is the images the patient is choosing to have, then this dilating does not fall into a 'must' under GOS.
For the purpose of this study, Grand View Research has segmented the global GOS market on the basis of application and region:
The GOS is working to establish a Coast Guard, and at this time it has limited maritime capability to interdict drug traffickers at sea.
The GOS is perfect for organic farms since they are so healthy they do not need antibiotics in their feed.
The GOS asked CICAD of the Organization of American States for technical assistance and training for drafting the precursor chemicals legislation, which was approved in 2009 and will commence in 2010.
In response to a number of requests to provide clear guidance on what tests and procedures should be performed during a GOS examination the AOP has produced the Scottish GOS Examination Guide.
The main objective of the present study was to investigate the effect of the biomass on thermal degradation of GOS in terms of both product distributions and liquid product properties.
GOS 1, 3, 4, 5 and 6 claims including any glaucoma payments, pre-reg and CET grants were also delayed.
The slave raids were carried out by the Popular Defense Forces (PDF) -- an official branch of the GOS armed forces.
Looking to bring perspective to the debate on GOS fees claim issues, the members of the OC outline in their position statement that fraudulent claims are "never acceptable or defensible," but note that errors relating to the over and under-claiming of the fee have been encountered in all non-automated claims systems.
We will continue to build on these NAS innovations and seek new opportunities to leverage Snap Server IP and the GOS foundation for future integration and interoperability across our entire portfolio of disk, tape and SAN appliances.