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Glossary > G > "General Obligation Bond - GO" Definition

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.

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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 Bond - GO : a municipal bond backed by the credit and "taxing power" of the issuing jurisdiction, rather than the revenue from a given project.