GO

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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.

Goes

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.

GO

References in periodicals archive ?
para]]"No one should go without food or medication to keep the lights on but that's exactly what is taking place in millions of households across America," said Mike Duncan, president and CEO of ACCCE.
Given a choice of eviction, energy supplies cut off and debt collectors at their door, people often have to go without food.
Illinois legislators will go without a paycheck this month if they fail to resolve the state's near $100 billion pension crisis by the end of July.
LOS ANGELES, April 10, 2013 /PRNewswire/ -- On Tuesday, April 16, TOMS will ask the world to go without shoes for its anticipated annual One Day Without Shoes event.
Some are having to go without food, the Campaign to End Child Poverty warned.
London, October 11 ( ANI ): One in five young people in Britain would rather starve themselves for a whole day than go without their mobile phones, a new research has revealed.
MARRIED men would rather go without holidays and a new car than give up their mistress, says a survey.
Nearly one in four parents with disabled children go without heating, while 14 per cent are going without food, according to charity Contact a Family.
Nearly one in four parents with disabled children go without heating, while 14% are going without food, according to charity Contact a Family.
Dear Miriam SINCE having our two children - the youngest is two - my husband and I have lost our sex drives and have agreed sex is no longer important and we can go without it.
Millman traces the decisions by a health system in Florida, Memorial Healthcare, to go without catastrophic coverage and to lay the groundwork for a captive insurer that would allow it and other hospitals to pool risks and finance their sharply higher deductibles.