J
Banking Terms - JJeep (Graduated Payment Mortgage) - (fixed-rate mortgage with low payments in the early years and higher payments later on)
joint account (JA) - (bank account owned by two or more persons, who equally share rights and liabilities of the account)
Joint Ethics Enforcement Program (JEEP) - (program of cooperation between the AICPA and the state CPA societies in their enforcement and interpretation of the AICPA Code of Professional Conduct)
Joint Tenancy With Right of Survivorship (JTWROS) - (ownership of bank accounts, brokerage accounts, real property, or personal property by two or more persons, with ownership passing automatically to the survivor(s) on the death of one of the co-owners)
Joint Venture (JV) - (a venture formed by two or more other companies)
journal entry (JE) - (record of the accounting information for a business transaction entered in the books)
just-in-time (JIT) - (inventory control system under which materials are delivered from the vendor immediately before they are needed)