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Related to go round: go round in circles, Merry go round

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 ?
The latest in SkyTeam's series of regional travel passes, the Go Round Asia and Southwest Pacific pass has been designed as a 'mini-Round the World' ticket that offers cost savings on flights operated by SkyTeam members serving these regions.
Unlike SkyTeam's other regional travel passes, the Go Round Asia and Southwest Pacific pass can be purchased without an intercontinental round-trip or Round the World ticket and is valid for travel originating within the region.
Children get on, the horses go round for a certain length of time, all the children (hopefully) stay on, then the horses stop and they all get off, to be replaced by a new set of children.
This book is surely one to share with the children, showing and telling different jobs in our society which make the world go round.
I used to like to sit and wait for the wife to go round the 99p shop, now it means I'm dragged round.
I was at a two-lane roundabout, in the left-hand lane to go round the roundabout and take the third exit.
I can't go round for tea without blushing every time I look @ her.
All those who said his administration has done nothing should take time off and go round the communities to see things for themselves.
Going the slow gallop early helped him, as he was able to go round the outside on the back straight and get in a winning position.
Cheryl and I have decided that next time I go round hers, we'll recreate the Lady Gaga video for Telephone.
Now she says: "I can go round the ice on my own, away from the barriers.
Kids go round and round for fun--and they are pumping clean water for their communities at the same time.