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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
George Linney says, "Sometimes if I am going round and round in my head on the negative stuff, I can do certain activities that will be upbeat and happy, and then I come back to the problem and do something besides go round and round.
Love may make the world go round, but it's photosynthetic plants that keep the machines running.
He had left a lot of his stuff with her (or so he said) and used this as an excuse to go round to see her.
He said "We're going to cook him for sure - there's more than enough to go round."
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."
Stewart Cink had the best round of the day, making six birdies and one bogey to go round in 67 and move from a share of 10th to a share of sixth along with Ian Poulter.
MONEY makes the world go round, People get some, Then their feet don't touch The ground.
"I replied: ' Perhaps we all go round thinking you look bloomin' daft.'
If words are necessary -- and they are always difficult in relation to art -- I find those spoken by Neil MacGregor, Director of the National Gallery, and published in the Radio Times, the more telling: 'At the end of the day I go round the gallery once again, just before the doors close at six.
"They are meant to go round each cell, check everyone is in, lock and bolt the doors, then go round again double-checking the locks.

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