general-obligation bond
[ jen-er-uh l-ob-li-gey-shuh n ]
/ ˈdʒɛn ər əlˌɒb lɪˈgeɪ ʃən /
noun
a bond issued by a state or city and backed by general tax revenue and the issuer's credit.
Compare
revenue bond.
Words nearby general-obligation bond
general strike,
general synod,
general theory of relativity,
general will,
general-adaptation syndrome,
general-obligation bond,
general-purpose,
generalcy,
generalissimo,
generalist,
generality