General Obligation

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
GO
Pronunciation
/ˈʤɛnərəl ˌɑbləˈgeɪʃən/
Category
Miscellaneous
Related Field
Unclassified

Examples in Context

  1. The first type is the general obligation bonds that fund salaries and current expenses.
  2. The right to self-defense is a natural right of countries, as well as all countries to respect other country's sovereignty and territorial general obligation exception.
  3. General Obligation(GO) bonds are backed by the " full faith and credit " of the issuer.
  4. General obligation bond a municipal bond backed by the credit and " taxing power " of the issuing jurisdiction, rather than the revenue from a given project.
  5. Second, the states have immensely increased their issuance of general obligation bonds that fund what corporations strive to avoid & paying operating expenses with long-term debt.

Other meanings of GO