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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.


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 ?
All the nominations we received were truly inspirational, but Dee's story obviously stood out for those who visited the Energizer Keep Going Hall of Fame online," said Betsy Laakko, Director of Marketing for Energizer.
I wanted to keep going but to keep going and get hit in my ear was even more painful to take.
But those Mr Johnston horses are incredible, they just keep going and going so I won't be able to drop my guard.
We're proud to have him be a part of the Keep Going Hall of Fame -- he truly represents the qualities we all so admire in the Energizer Bunny.
If we keep going the way we are now, I might even get the last couple of weeks of the season off.
We'll keep going and fund-raising as long as we have to.
We hope to keep going in years to come but there are so many other activities around these days that I think this type of organisation is really on its way out.
Remember Newton's First Law of Motion: Once something is in motion, it will keep going until some external force stops or changes it.
Y N Do you keep going and going even when you want to quit?
They don't, however, because they also begin making an enzyme that helps them keep going, says Calvin B.
Energizer today announced the establishment of the "Energizer Keep Going Hall of Fame," and will begin a nationwide search to find those whose attributes and actions best exemplify the qualities and spirit of the Energizer Bunny(R) and the batteries he represents.
We will keep going until the very last minute of the very last game in the hope that we finish above as many teams as we can.