Insurance Terms - J
job hazard analysis (JHA) -
job safety analysis (JSA) - (analysis involving a detailed review of all the steps necessary to a particular task - the process includes listing and categorizing all the hazards to persons and property that might impact each step and detailing all reasonable mechanical, procedural, and managerial safeguards which could be used to avoid, or reduce, the damage or injury from each hazard)
joint account (JA) - (bank or brokerage account owned jointly by two or more people)
Joint Commission on Accreditation of Healthcare Organizations (JCAHO) - (private, nonprofit organization dedicated to improving the quality of care in organized healthcare settings - JCAHO evaluates, accredits, consults, and sets standards for long-term care facilities, ambulatory healthcare organizations, home care agencies, hospices, hospitals, and healthcare delivery networks)
Joint Commission on the Accreditation of Hospitals (JCAH) -
joint tenancy with right of survivorship (JTWROS) - (ownership arrangement where two or more persons together own an undivided interest in the property as a whole)
joint underwriting association (JUA) - (a non-profit risk-pooling association established by a state legislature in response to availability, or shortages, in respect to certain kinds of insurance coverage - a number of states have established such associations to provide medical malpractice insurance for physicians, where insurance companies have not offered such protection in the state)
joint underwriting authority (JUA) -
joint venture (JV) - (agreement by two or more insurance companies to provide a product or service)
joint venture (JV) - (expression applied most often to construction ventures for which several contractors agree to combine together on a construction project rather than to act as separate contractors)
joint venture (JV) - (a business relationship in which two or more persons combine their labor or property for a single undertaking and share profits and losses equally, or as otherwise agreed)
just-in-time (JIT) - (approach to manufacturing in which raw materials or parts are only ordered when needed, in order to reduce the amount of storage costs or warehousing space - assumes that suppliers will be able to fill orders on short notice (raw materials will be delivered just-in-time) - depends on a reliable delivery system, with no disruptions)