(redirected from went along)
Also found in: Dictionary, Thesaurus, Legal, Idioms, Encyclopedia.

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 ?
So after another friend of ours backed out because he had a cold on that day, I went along with Oka.
Lyndsay Latcham, 25, from Blaydon, Gateshead, who went along with sevenmonth-old Tia, is trying to promote breastfeeding to her friends.
After enjoying his first skiing holiday earlier this year, he went along with his mum and dad, Will and Kerry, to check out the latest gear and was able to test out his newly acquired skill with free lessons on the Realli Ski machine, which is devised to teach and correct technique.
But if you went along expecting that then you obviously hadn't taken a blind bit of notice of the publicity material because this tour is to promote Moyet's latest album, Voice.
I went along thinking people didn't pay any attention to me.
She went along with outgoing princess Holly Draper, also nine, from Moat Farm Drive, Hillmorton, who was due to hand back her crown.