J A NASDAQ stock symbol specifying that the stock has voting rights.
J Curve A theory stating that a country's trade deficit will worsen initially after the depreciation of its currency because higher prices on foreign imports will be greater than the reduced volume of imports.
JAJO An acronym representing the months January, April, July, and October.
January Barometer A theory stating that the direction of the S&P 500 during the month of January sets the S&P 500's direction for the remainder of the year.
January Effect A phenomenon occurring at the end of the year when investors, starting to worry about taxes, sell some stocks that are down so the losses can be written off against capital gains. This selling causes stocks to go down near the end of the year and back up in January when investors buy back the stocks they sold.
Japan Inc. A nickname for the corporate world of Japan that came about during the 1980s boom, when Western business people saw how closely the Japanese government worked with its nation's business sector.
Jarrow Turnbull Model A credit pricing model that utilizes multi-factor and dynamic interest rate analysis.
Java A programming language developed by Sun Microsystems to support widespread software distribution, in particular over the Web. It is a smaller and more secure version of the C++ programming language.
Jekyll and Hyde 1. A slang term referring to the strengths and weaknesses of a company's financial statements.
2. An asset that suddenly increases or decreases in value.
3. A senior manager's good and bad qualities, or the polarized views between two key officers within a corporation.
Jennifer Lopez - J.Lo A slang technical analysis term referring to a rounding bottom in a stock's price pattern.
Jensen's Measure A risk-adjusted performance measure that represents the average return on a portfolio over and above that predicted by the CAPM, given the portfolio's beta and the average market return. This is the portfolio's alpha. In fact, the concept is sometimes referred to as "Jensen's alpha."
Joint Owned Property Any property held in the name of more than one person.
Joint Return A tax return that is filed on behalf of both the husband and wife, resulting in a combined tax liability.
Joint Stock Company An organization that falls between the definitions of a partnership and corporation. This type of company issues stock and allows for secondary market trading, however, stockholders are liable for company debts.
Joint Venture - JV The cooperation of two or more individuals or businesses--each agreeing to share profit, loss and control--in a specific enterprise.
Jointly and Severally 1. A legal term describing a partnership in which individual decisions are binding against all parties involved and thus undivided.
2. A term used in underwriting syndicates to refer to the distinct responsibility of individual companies to sell a certain portion of unsold new issue.
Jonestown Defense A defensive strategy by which the target company engages in an activity that might actually ruin the company rather than prevent the hostile takeover. Also known as a "suicide pill."
Joseph Effect A term coined by Benoit Mandelbrot referring to the propensity for time series to have trends and cycles.
JPY In currencies, this is the abbreviation for the Japanese Yen.
Judgment A court order to pay a party a certain amount of money.
Jumbo CD A certificate of deposit (CD) for $100,000 more.
Jumbo Loan Any residential or commercial mortgage with a loan amount exceeding the guideline of Fannie Mae and Freddie Mac.
Junior (Issue) In general, any issue that ranks lower in claim to another issue in terms of dividends, interest, principal, etc.
Junior Capital Pool - JCP A corporate structure whereby companies can issue shares to the public before actually establishing a line of business.
Junior Security A security that ranks below others in regards to claim on assets and income.
Junk Bond A bond rated usually BB or lower because of its high default risk. Also known as a high-yield bond.
Just In Case - JIC An inventory strategy companies use whereby large inventories are kept on hand. ;
Just In Time - JIT An inventory strategy companies employ to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.This method requires that producers are able to accurately forecast demand.