J-Curve

A graph showing initial losses followed by recovery, often in private equity or trade.

J-Curve Effect

Initial trade balance worsening after currency devaluation, then improving over time.

Jack Welch

Former GE CEO, known for aggressive cost-cutting and shareholder value focus.

Jackpot

A large financial windfall, like a lottery or significant investment gain.

Jackson Hole Economic Symposium

Annual central banker conference in Wyoming, influencing monetary policy discussions.

Jakarta Stock Exchange

Indonesia’s primary stock exchange, now part of Indonesia Stock Exchange (IDX).

James H. Clark

Netscape co-founder and tech investor, influential in early internet ventures.

James M. Buchanan Jr.

Economist known for public choice theory, impacting fiscal policy analysis.

James Tobin

Economist who developed the Tobin Tax and portfolio theory, influencing finance.

Jan Tinbergen

First Nobel laureate in economics, known for econometric models in policy planning.

January Barometer

Theory that January’s market performance predicts the year’s stock trends.

January Effect

Historical tendency for small-cap stocks to outperform in January, possibly tax-related.

Japan Association of Securities Dealers Automated Quotation

Japan’s NASDAQ equivalent, trading tech and growth stocks electronically.

Japan Credit Rating Agency (JCR)

A Japanese agency assigning credit ratings to bonds and issuers.

Japan ETF

An exchange-traded fund tracking Japanese market indices, like Nikkei 225.

Japan Inc.

Term for Japan’s interconnected corporate and government economic system.

Japanese Government Bond (JGB)

Debt issued by Japan’s government, considered low-risk, often with low yields.

Japanese Housewives

Informal term for retail investors, often women, influencing Japan’s forex markets.

Japanese Yen (JPY)

Japan’s currency, a major global reserve currency, heavily traded in forex.

Jarrow Turnbull Model

A credit risk model pricing defaultable bonds, factoring in interest rate volatility.

Jay-Z

Rapper and entrepreneur, influential in music and investment ventures like Tidal.

Jean-Baptiste Say

Economist known for Say’s Law: supply creates its own demand, impacting economic theory.

Jekyll and Hyde

A volatile stock or market with unpredictable performance swings.

Jensen's Measure

A risk-adjusted performance metric comparing portfolio returns to expected CAPM returns.

Jerome Kerviel

Rogue trader at Société Générale, responsible for €4.9 billion in losses in 2008.

Jerry A. Hausman

Economist known for econometrics, influencing financial modeling and policy.

Jesse H. Jones Graduate School Of Business

Rice University’s business school, offering finance and management programs.

Jesse L. Livermore

Legendary trader known for speculative strategies in early 20th-century markets.

Jewelry Floater

Insurance rider covering valuable jewelry against loss or damage.

Jim Cramer (James Cramer)

TV host and investor, known for Mad Money and stock market commentary.

Jim Walton

Walmart heir and billionaire, influential in retail and investment sectors.

Jitney

A broker executing small trades for others, often to bypass fees or restrictions.

Jitter

Short-term market volatility or noise, often driven by news or trading.

JMD (Jamaican Dollar)

Jamaica’s currency, used in its financial and trade transactions.

Job Hunting Expenses

Costs like travel or resume services, sometimes tax-deductible if job-related.

Job Lot

A small batch of securities traded together, often at a discount.

Job Market

The supply and demand for labor, impacting wages and economic growth.

Job Openings and Labor Turnover Survey (JOLTS)

U.S. report on job vacancies and turnover, signaling labor market health.

Jobber

A wholesaler or intermediary in markets, like securities or commodities.

Jobless Claims

Weekly U.S. data on unemployment benefit applications, indicating economic trends.

Jobless Recovery

Economic growth without significant job creation, often post-recession.

Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA)

U.S. law cutting taxes to stimulate economic growth and investment.

Jobs Growth

Increases in employment, a key economic indicator for financial markets.

Jobseeker's Allowance (JSA)

UK benefit for unemployed individuals actively seeking work, impacting income.

Johannesburg Interbank Average Rate (JIBAR)

South Africa’s benchmark interbank lending rate, used in financial contracts.

John B. Taylor

Economist known for the Taylor Rule, guiding central bank interest rate decisions.

John Bogle

Vanguard founder, pioneered low-cost index funds, revolutionizing investing.

John Elkann

Fiat Chrysler chairman, influential in automotive and investment sectors.

John F. Nash Jr.

Mathematician known for Nash Equilibrium, impacting financial game theory.

John Maynard Keynes

Economist advocating government intervention, shaping modern fiscal policy.

John R. Hicks

Economist known for IS-LM model and consumer theory, influencing finance.

John Stuart Mill

Philosopher-economist, known for utilitarianism and free-market theories.

Johnson School at Cornell University

Cornell’s business school, offering finance and management education.

Joint

Shared ownership or responsibility, like joint accounts or ventures in finance.

Joint Account

A bank or brokerage account shared by multiple individuals, like spouses.

Joint and Several Liability

Multiple parties fully liable for a debt, allowing creditors to pursue any party.

Joint and Survivor Annuity

An annuity paying two beneficiaries until the second one dies.

Joint Bond

A bond backed by multiple issuers or guarantors, reducing default risk.

Joint Credit

Credit issued to multiple borrowers, like co-signed loans, sharing liability.

Joint Endorsement

Multiple parties signing a check or contract, required for joint accounts.

Joint Liability

Shared responsibility for a debt or obligation among multiple parties.

Joint-Life Payout

An annuity paying until the first beneficiary dies, often for couples.

Joint Life with Last Survivor Annuity

An annuity paying until the last beneficiary dies, ensuring lifelong income.

Joint Owned Property

Property co-owned by multiple parties, like spouses, with specific legal rights.

Joint Probability

The likelihood of multiple events occurring together, used in risk analysis.

Joint Return

A tax return filed by married couples, combining income for tax purposes.

Joint Return Test

IRS rule limiting dependent status if a couple files jointly with income.

Joint-Stock Company

A business with shared ownership via stocks, limiting shareholder liability.

Joint Supply

Producing multiple goods together, like beef and leather, affecting pricing.

Joint Tenancy

Property ownership with equal shares and survivorship rights among co-owners.

Joint Tenants in Common (JTIC)

Co-ownership without survivorship rights, shares pass to heirs, not co-owners.

Joint Tenants with Right of Survivorship (JTWROS)

Co-ownership where shares pass to surviving owners upon death.

Joint Venture (JV)

A business agreement where parties pool resources for a specific project.

Jointly and Severally

Legal term holding multiple parties individually and collectively liable for obligations.

Jones Act

U.S. law requiring domestic maritime trade to use U.S.-built and crewed ships.

Jordanian Dinar (JOD)

Jordan’s currency, pegged to the USD, used in its financial system.

Josef Ackermann

Former Deutsche Bank CEO, influential in global banking and finance.

Joseph Effect

Economic or market persistence of trends, derived from biblical Joseph’s predictions.

Joseph Schumpeter

Economist known for “creative destruction,” explaining innovation-driven growth.

Joseph Stiglitz

Economist known for work on information asymmetry, impacting financial regulation.

Journal

A record of financial transactions, used to prepare accounting ledgers.

Judge Business School

University of Cambridge’s business school, offering finance and management programs.

Judgment

A court ruling, often affecting financial obligations or asset distribution.

Judgment Lien

A court-ordered lien on property to secure payment of a debt or judgment.

Judgment Proof

Having insufficient assets to satisfy a court judgment, limiting creditor recovery.

Judgmental Credit Analysis

Subjective evaluation of creditworthiness, relying on qualitative factors.

Judicial Foreclosure

A court-supervised foreclosure process, required in some states for defaulted mortgages.

Judo Business Strategy

Using competitors’ strengths against them, like leveraging scale in finance.

Julian Robertson

Hedge fund manager, founder of Tiger Management, known for mentoring traders.

Jumbo CD

A large-denomination certificate of deposit, often with higher rates.

Jumbo Loan

A mortgage exceeding conforming loan limits, typically for high-value properties.

Jumbo Pool

A large mortgage-backed security pool, often issued by GSEs like Fannie Mae.

Jumpstart our Business Startups Act (JOBS)

2012 U.S. law easing regulations for startups and crowdfunding.

Junior Accountant

An entry-level accounting role handling bookkeeping and financial reporting tasks.

Junior Capital Pool (JCP)

Canadian program for small-cap firms to raise capital via public listings.

Junior Company

A small or early-stage firm, often in mining or tech, with high risk.

Junior Debt

Debt subordinate to senior debt, with higher risk and lower priority in bankruptcy.

Junior Equity

Equity with lower priority in liquidation, like common stock vs. preferred.

Junior Mortgage

A secondary mortgage with lower priority in foreclosure, often riskier.

Junior Security

Securities with lower claim on assets, like common stock or junior bonds.

Junk Bond

High-yield, high-risk bonds rated below investment grade (BB+ or lower).

Junk Fees

Unnecessary or hidden fees, like in mortgages or banking, increasing costs.

Juris Doctor (JD)

A law degree, relevant for financial regulation or corporate law careers.

Jurisdiction Risk

Risk from operating in a region with unstable laws or regulations, affecting investments.

Just Compensation

Fair payment for property taken via eminent domain, required by law.

Just In Case (JIC)

Inventory strategy holding extra stock to avoid shortages, increasing costs.

Just In Time (JIT)

Inventory strategy minimizing stock by aligning production with demand.

Just Say No Defense

A company rejecting a takeover bid outright, often to protect control.

Justified Wage

A wage reflecting productivity and market conditions, balancing labor costs.