A type of municipal bond that is guaranteed by the municipal government's pledge to use all legal resources, including the levying of property taxes up to a set statutory limit. If a municipality exhausts the property tax resources for bond repayment within that limit, other revenue sources must be used for bond repayment.

Related information about limited-tax general obligation bond:

1. Limited-Tax General Obligation Bond financial definition of Limited ...
   A general obligation bond of a government backed by specified or constrained revenue sources. Limited-Tax General Obligation Bond. A municipal bond with ...
    
2. Limited Tax General Obligation Bond financial definition of Limited ...
   A general obligation bond of a government backed by specified or constrained revenue sources. Limited-Tax General Obligation Bond. A municipal bond with ...
    
3. LIMITED TAX GENERAL OBLIGATION Bond - Municipal Securities ...
   LIMITED TAX GENERAL OBLIGATION BOND – A general obligation bond secured by the pledge of ad valorem tax that is limited as to rate or amount. Compare: ...
    
4. What is limited-tax general obligation bond? definition and meaning
   Definition of limited-tax general obligation bond: A type of municipal bond that is guaranteed by the municipal government's pledge to use all legal resources, ...
    
5. limited-tax general obligation bond - Invest Definition
   limited-tax general obligation bond definition: A municipal bond that is secured by some limited taxing power of the issuer. For example, a bond may be secured ...
    
6. Limited-tax general obligation bond
   Similar financial terms. General Obligation Bonds Securities issued by municipalities. The source of revenue to pay the interest and principal is taxes.
    
7. Limited-tax general obligation bond Definition - NASDAQ.com
   Limited-tax general obligation bond: read the definition of Limited-tax general obligation bond and 8000+ other financial and investing terms in the ...
    
8. Debt Service Program Area - King County
   The General Fund share of the Limited Tax General Obligation bond payment will remain below the 6 percent debt cap based on General Fund revenue ...