Financial and business terms. 2012.
General obligation — A general obligation is a legal pledge in United States municipal finance, in which an entity pledges its full faith and credit to repay its debt, typically a general obligation bond. References … Wikipedia
General obligation bond — A general obligation bond is a common type of municipal bond in the United States that is secured by a state or local government s pledge to use legally available resources, including tax revenues, to repay bond holders.Most general obligation… … Wikipedia
General Obligation Bond - GO — A municipal bond backed by the credit and taxing power of the issuing jurisdiction rather than the revenue from a given project. General obligation bonds are issued with the belief that a municipality will be able to repay its debt obligation… … Investment dictionary
general obligation bond — A bond issued by a public body as the obligation of the body payable from its general resources raised by taxation, as distinguished from a bond issued by such a body but payable from a special fund only. 43 Am J1st Publ Sec § 282 … Ballentine's law dictionary
general-obligation bond — /jen euhr euhl ob li gay sheuhn/ a bond issued by a state or city and backed by general tax revenue and the issuer s credit. Cf. revenue bond. * * * … Universalium
general obligation bond — /ˌdʒen(ə)rəl ɒblɪ eɪʃ(ə)n bɒnd/ noun US a municipal or state bond issued to finance public undertakings such as roads, but which is repaid out of general funds. Abbreviation GO bond … Dictionary of banking and finance
general-obligation bond — /jen euhr euhl ob li gay sheuhn/ a bond issued by a state or city and backed by general tax revenue and the issuer s credit. Cf. revenue bond … Useful english dictionary
Limited-tax general obligation bond — A general obligation bond that is limited as to revenue sources. The New York Times Financial Glossary … Financial and business terms
limited-tax general obligation bond — A general obligation bond of a government backed by specified or constrained revenue sources. Bloomberg Financial Dictionary … Financial and business terms
General obligation bonds — Municipal securities secured by the issuer s pledge of its full faith, credit, and taxing power. The New York Times Financial Glossary * * * A type of municipal security that is issued by US States, counties, special districts, cities, towns… … Financial and business terms
