general obligation bond
A financial instrument giving borrowing power to a blank" >target="_blank" >glossary/municipality/" class="glossaryLink" data-cmtooltip="3554aee4d0821426a9db30532d962c6e" blank" >target="_blank" >municipality based on the pledging of taxing power to retire the debt and pay blank" >target="_blank" >interest. (Davis, 2025)
