GO

general obligation ( GO)

A municipal obligation that is supported by the full faith and credit - the full taxing authority - of the municipality (as opposed to support from only the revenues from specific user fees). American Banker Glossary

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go go [gəʊ ǁ goʊ] verb went _PASTTENSE [went] gone _PASTPART [gɒn ǁ gɒːn] [intransitive]

1. to be sold for a particular amount or to a particular person:

go for something

• He believes GM shares will fetch $45 by the year-end, while Ford will go for 40.

go to somebody

• Government spending in the area doubled, but most of it went to the oil industry.

2. COMMERCE go it alone to do something on your own, for example to start a new business:

• Unless an entrepreneur wants to go it alone and has the necessary money and talents, he or she may have to take on a partner.

3. used before an adjective or adjectival phrase to mean that something has happened or been done in a particular way. For example, if someone goes Bankrupt, they become bankrupt; if a company goes global, it starts doing business all over the world

go after phrasal verb [transitive]

1. go after something to try to obtain something, such as a new job, a business contract etc:

• Sega plans to go after the core of the video game playing market — children eight to 12 years old.

2. go after somebody to take actions to punish someone who has done something wrong or illegal:

• Rules are needed to go after brokers who sell unsuitable investments.

go back on something phrasal verb

go back on your promise/​word to break a promise:

• You can rely on her. She won't go back on her word.

go down phrasal verb [intransitive] COMPUTING

if a computer or machine goes down, it stops working because of a fault:

• If one of the file servers goes down, you lose the whole network.

go under phrasal verb [intransitive] COMMERCE

if a business goes under, it fails because of financial difficulties:

• As their smaller competitors go under, the large home-building companies grab more and more of the market.

go with something phrasal verb [transitive]

to accept someone's idea, plan etc:

• We're asking importers to go with the domestic rules and customs.

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go UK US /gəʊ/ verb (going, went, gone)

► [I] to be sold: »

The shop is having a closing-down sale - everything must go.

► [I] to develop or happen in a particular way: »

Things have gone badly for him since his business collapsed.

► [I] to disappear: »

650 jobs will go at the shipyard.

► [I] if money goes on something, it is spent on that thing: go on sth »

Most of that money goes on the purchase of equipment.

● go for it — Cf. go for it

● go it alone — Cf. go it alone

● have sth going for you — Cf. have sth going for you