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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 ?
500 compared the game of weiqi to military strategy.
By the Later Han, the game weiqi was widely known, at least among scholars.
The game of yi or weiqi is a two-person game, using a flat board on which seventeen lines are drawn both vertically and horizontally to form a rectangular grid structure.
At least there seems to be no evidence datable to the Han to support the now common belief that Confucius was actually talking about weiqi in the Lun yu.
But liubo and weiqi share some features that Wei Yao could inveigh against.
Now, from what he says in L27, it is clear that Wei Yao is referring to weiqi only, because liubo is not a game with 300 stones.
They become entirely submerged in weiqi, extremely tolerant of protracted games and delighted by their complexity.
Here, the distinctions between the weiqi game and the human world start to blur, because the fight in a game of weiqi is indeed a very refined version of the struggle that goes on among living creatures for domination.
At this stage, Shao Yong has changed his status from a weiqi spectator to a thinker, contemplating the patterns on the board.
178) In doing so, he employs many words and lines with double meanings: while describing incidents and lessons drawn from them, these poetic expressions serve as shorthand for references to weiqi.
Similarly, in weiqi games, advantages can vanish quickly due to any wrong move of the player.
This is another type of dramatic outcome often seen in both weiqi games and in history.