General Obligation Bond (GO)

General Obligation Bond (GO),

How To Define General Obligation Bond (GO)?

  1. General bonds (GO bonds) are municipal bonds that are supported only by the credit and tax authorities in the jurisdiction issued and not by the proceeds from certain schemes. General bonds are issued with the belief that the public can repay their debts through taxes or project revenues. Assets are not used as collateral.

    • A common bond, or GO bond, is a type of municipal bond that fully supports the issuer's credit quality and ability to collect taxes from its residents.
    • Unlike tax liabilities, GO bonds are not guaranteed and lenders do not make payments based on the financing of the project.
    • The amount of tax available for a particular GO bonus can be limited or unlimited.
    • In the case of unlimited GO loans, the municipal government may increase the property tax accordingly to meet your payments and obligations.

Literal Meanings of General Obligation Bond (GO)

General:

Meanings of General:
  1. Influence or relation to all or many people, places or things.

  2. Consider or include key features or elements of an item and generally ignore exceptions.

  3. Boss or director.

  4. A high-ranking commander or officer in the army.

  5. The general public.

Sentences of General
  1. Books of general interest

  2. General introduction to this topic

  3. A general manager

  4. The strongest relationship exists between military commanders and generals and officers who report directly to them.

Synonyms of General

hazy, broad, unspecific, public, popular, established, vague, prevalent, mainstream, prevailing, sweeping, non-specific, loose, woolly, orthodox, widespread, basic, universal, common, extensive, unfocused, inexact, well established

Obligation:

Meanings of Obligation:
  1. An act or practice in which a person is morally or legally subject to a responsibility or obligation.

Sentences of Obligation
  1. It is my responsibility to take care of them

Synonyms of Obligation

moral imperative, commitment, duty, responsibility

Bond:

Meanings of Bond:
  1. Relationships between people or groups based on shared feelings, interests or experiences.

  2. A contact between two surfaces or objects that is joined by a special adhesive, heat or pressure.

  3. Agreement with the power of law.

  4. The model in which bricks are placed to guarantee the strength of the resulting structure.

  5. Summary for Bond Paper

  6. Attach or stick to other objects, especially glue, heat or pressure.

  7. Connect or be bound by chemical restrictions.

  8. Place (stones) in an overlapping pattern to form a strong structure.

  9. Submit it (taxable item).

Sentences of Bond
  1. There is a link between them

  2. There is no effective relationship between concrete and steel

  3. Marriage as a legal bond may be old, but I doubt it.

  4. Link in English

  5. Press content to join layers

  6. Neutral molecules are connected to the central nucleus

  7. The strong spread was in the shape of a drum and was made of stone, which was connected horizontally with layers of red tiles.

  8. Assets may need to be sold or consolidated to provide liquidity to pay this tax.

Synonyms of Bond

association, fellowship, vow, affiliation, promise, relationship, glue, weld, stick, coalition, fix, avowal, word of honour, oath, affix, friendship, partnership, pledge, fasten, bind, solder, word, gum, cement, assurance, fuse, connect

GO:

Meanings of GO:
  1. Move from place to place.

  2. Very pleasant.

  3. Try or be weak or intend to do something (used to express the future)

  4. Enter a special status, especially the unwanted status.

  5. Continue as directed or get the indicated result.

  6. Harmonious, complementary or random.

  7. (From machine or device)

  8. Share or insert (something) for (full) use or dedication.

  9. (Of an article) is regularly stored or kept in a special place.

  10. (Music, story, verse, etc.) contains some content or words.

  11. Use the bathroom to urinate or defecate.

  12. Attempt or proof of something.

  13. Someone seems to be using or doing something.

  14. Thoughts, animation or energy.

  15. A condition

  16. A project or business that has been approved.

Sentences of GO
  1. He went to the store

  2. I really have to go

  3. I will work overtime

  4. The food is bad

  5. How was your weekend

  6. Rosemary roasted with the sheep

  7. My car is not working

  8. Significant efforts were made to make the operation a success.

Synonyms of GO

suit each other, leave, make an exit, absent oneself, be in working order, walk, sparkle, be kept, be found, take one's leave, perform, verve, vitality, advance, withdraw, spirit, progress, get, be operative, complement each other, quit