General Obligation Bond - GO

Filed Under » Acronyms , Bonds , Fixed Income

	Definition of '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.
	Investopedia explains 'General Obligation Bond - GO' General obligation bonds are issued with the belief that a municipality will be able to repay its debt obligation through taxation or revenue from projects. No assets are used as collateral.

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