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Related to going without: do without, go without saying, go to great pains

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 ?
Birds rise/in fevered astonishment,/The sky stained by lupines--/the world is here,/And going without need of ourselves.
California is in an economic crisis, its schools and vendors are going without crucial payments and the party that controls all aspects of state government is more interested in boosting its own political power than in tending to California's many crises.
I said I wasn't going without them, but I was told they wouldn't give them to me unless I paid the fee,'' she said.