Letter J Vocabulary Flashcards
A bond issued by the government of Japan to support national spending.
Japanese Government Bond (JGB)
A collection of goods or merchandise that is sold as one unit, typically at a discounted price.
Job Lot
An account held by two or more individuals where each person has equal access and responsibility.
Joint Account
A debt security for which multiple parties are collectively responsible for repayment.
Joint Bond
A requirement that all parties listed on a negotiable instrument, like a check, must sign for it to be cashed or deposited.
Joint Endorsement
A tax return filed jointly by a married couple.
Joint Return
A business entity where shares of the company’s stock can be bought and sold by shareholders.
Joint Stock Company
A form of property ownership where co-owners have equal shares and the surviving owner inherits the deceased owner’s share.
Joint Tenants with Rights of Survivorship (JTWROS)
A business arrangement between two or more parties to cooperate for a specific project or business activity.
Joint Venture
A debt agreement where multiple borrowers are individually and collectively responsible for the full debt amount.
Joint-and-Several Note
A record of financial transactions in the order they occur.
Journal
A type of foreclosure process in which a court supervises the sale of a property to pay off a defaulted mortgage.
Judicial Foreclosure
The power of a court to review and possibly invalidate government actions if they violate the law or constitution.
Judicial Review
A certificate of deposit with a larger-than-typical deposit amount, usually $100,000 or more.
Jumbo Certificate of Deposit
In finance, a situation where competing interests vie for an advantage, often in a takeover scenario; in sports, a method to start or restart play in basketball.
Jump Ball
Acting prematurely or before it’s appropriate.
Jumping the Gun
Stocks or equity interests that are subordinate to other equity or debt securities in terms of claim to assets.
Junior Equity
A bond with a high yield but also a high risk of default.
Junk Bond
A stock price level that is warranted or supported by a company’s fundamentals or expected performance.
Justified Price
An inventory management strategy where goods or materials are ordered and received only as they are needed in the production process.
Just-In-Time (JIT)
