(redirected from gets going)
Also found in: Dictionary, Thesaurus, Legal, Idioms, Encyclopedia.

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 ?
Once the blood lust gets going and the score can regain its percussive momentum, the tragedy surges to its sinister end.
We don't want to get into the "blame game," but it is important to point out that whatever the reasons, this inability to meet even greatly reduced timber targets is sure to cause serious backlash that could scuttle the entire management strategy before it gets going.
Dan Margulies, executive director of the Community Housing Improvement Program, said "The city finally discovered the scandal we've been complaining about for years and we hope they get it cleaned up when it gets going again.
Keep a close eye on this support, as there is little left below the shares to help stall this decline once it gets going.
But before the action gets going on the NUFC pitch you can enjoy all the fun of the fair in the Fan Zone at Science Central.
Australia are the 14/5 favourites to win the event which gets going in February, with South Africa general 4/1 shots but 9/2 with bwin.
As the Indian investigative team gets going with its mission there is deception and doublecross waiting to happen, which lends to suspense drama and some action.
The festival really gets going tonight, with Arctic Monkeys headlining the Pyramid Stage and Portishead on the Other Stage.
It's quite good timing as it's on before everything gets going at Epsom.
When it gets going it sets off straight for some glitterball action with his trademark stop and go flow.
THE festive season gets going in Exhall with the annual Christmas fair.
The Czech underdog was one of two players to come through the opening round yesterday before the main action gets going today.