- A junk bond is debt that has been assigned a low credit rating below investment grade by a rating agency.
- Garbage fees are additional fees charged to the borrower at the final stage of mortgage loan approval.
- The American law degree, called the Juris Doctor (JD), is a three-year professional degree.
- Property owners are given fair compensation for the lawful seizure of personal property or land.
- Just in case (JIC) is an inventory strategy in which companies keep large inventory on hand.
- Just-In-Time Inventory (JIT) is a management strategy that minimizes inventory and improves efficiency.
- The “just say no” defense is a strategy used by boards of directors to prevent hostile takeovers by outright rejecting a takeover bid.
- A fair wage is a fair level of remuneration for an employee, taking into account both market and non-market factors.
Jettison is an intentionally throwing overboard a part of the cargo or any part of the ship in order to save the ship or its cargo. Virtually all maritime policies cover the peril of jettison (the risk of overboarding).