(redirected from going without)
Also found in: Dictionary, Thesaurus, Idioms, Encyclopedia.
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.
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 ?
Gay couples in small to medium-size cities around the country now have an advantage some of their bigger-city counterparts are still going without: guaranteed placement of their commitment ceremony announcement in the local newspaper.
As a result, many companies are choosing to risk going without coverage; 27 percent of BOMA respondents were either self-insuring or going without, while 25 percent of RIMS study participants were going without terrorism coverage.
But the little parish was not able to restore the place and keep it going without help.
We use the term" Bingo!" to communicate the idea that we are going without a huddle and on a snap-count that has been predetermined before the game.
"How can we get to that where if a baby goes to the toilet more than three times a day, it's going without a nappy?
IF YOU'RE going without central heating while your home is being replastered, it's not only hard to keep warm, it's also hard to get the plaster dry enough and ready to paint so the radiators can actually go enough to look comfortable in your home.