The phrase "a general obligation" is correct and usable in written English.
It can be used in contexts where you are discussing responsibilities or duties that are broadly applicable or required.
Example: "As a citizen, it is a general obligation to participate in the democratic process by voting in elections."
Alternatives: "a common duty" or "a universal responsibility".
How can proximity to the Royal family place someone under a general obligation to be "squeaky clean"?
States now commonly require either a referendum or a supermajority vote of the legislature to issue a general obligation bond (one not backed by earmarked revenues).
There isn't a general obligation to regularly check up on an employee's eligibility, according to David Grunblatt, a lawyer who runs the immigration practice for Proskauer Rose.
The yield on a general obligation bond rated triple-B is currently 6.02percentt, compared with 5.21percentt for one rated triple-A.
Mr. Gomeau, the controller, realized that a general obligation bond would drop the interest rate from 6.5percenttotonlyly 3.9percentt.
A sound approach is not to become involved with a charity that does not meet the standards of a tougher state, because annuity payments are a general obligation of the charity.
A five-year single-a general obligation bond from California yields 3%, while the five-year Treasury yields 2% (in both cases, these are yields to maturity).
This safe debt, called a general-obligation bond, is said to be the next strongest thing to Treasuries because it is backed by a "full faith and credit" pledge.
Only 49% of city voters surveyed said they would support either raising the sales tax or approving a general-obligation bond to fund the city's homeless plan.
While they yield a little less than a state general obligation bond, they are perceived as having less volatility.
Georgia, Series A, $60.9 million of general obligation bonds.
