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 ?
Thirty-four percent of Zimbabweans tell Gallup they have electricity in their home, and out of those, 92% say they went without electricity in their home either many times (49%) or several times (43%).
My father died when my mother was pregnant and I was three years old - yet we never went without.
And that's important because PEOs help workers at small businesses get health benefits; almost 400,000 residents went without them in 2005, says the Connecticut Health Policy Project.
SEVEN in 10 households went without heating this winter to cope with the energy affordability crisis, according to research.
Synopsis: Gallup Polls in 29 sub-Saharan African countries reveal how often residents went without enough to eat before the recent food price hikes.