General Obligation Bond Definition

General Obligation Bond

Definition

A municipal bond secured by the taxing and borrowing power of the municipality issuing it.

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General Obligation Bond is ...
... part of the Bonds subject.

Related Terms

obligation bond - More

moral obligation bond -

self-supporting bond - More

limited tax bond

General Obligation Bond appears in the definitions of these other terms on BusinessDictionary.com

moral obligation bond, full faith and credit bond, revenue bond