Joint Credit

What is 'Joint Credit' Credit issued to two or more people based on their combined incomes, assets and credit histories. Joint credit can be issued to multiple individuals or organizations. The parties involved accept joint responsibility for repaying the debt. Explaining 'Joint Credit' Many married couples apply for joint credit. This is especially true...

Job Market

What is the 'Job Market' The job market is the market in which employers search for employees and employees search for jobs. The job market is not a physical place as much as a concept demonstrating the competition and interplay between different labor forces. The job market can grow or shrink depending on the labor demand and...

Joint Return Test

What is 'Joint Return Test' One of the IRS standards that prospective dependents must pass in order to be claimed as such by another taxpayer is the dependency test. In accordance with the joint return test, no dependent may submit a joint return with a spouse while also being claimed as a dependent on another person's return, such as that...

Joint Supply

joint supply

What is a 'Joint Supply ' A joint supply is an economic phrase that refers to a product or process that has the potential to provide two or more different outputs. Cows may be used for milk, beef, and hide, while sheep can be used for meat, wool, and sheepskin. These are just a few instances of how animals can...

Jesse H. Jones Graduate School of Business (Rice University)

What is 'Jesse H. Jones Graduate School Of Business - Rice University' The business unit of Rice University. The Jesse H. Jones Graduate School of Business offers several types of MBA programs, as well as customized executive education and training programs. The school offers undergraduate minors as well. Explaining 'Jesse H. Jones Graduate...

Jobless Claims

DefinitionInitial Jobless Claims is a report issued by the U.S. Department of Labor on a weekly basis. The employment situation is extremely important for a macroeconomic analysis, so the financial markets track employment indicators, although this is a low impact indicator compared with the monthly BLS's "Employment Report". This report tracks how many new people have filed for unemployment...

Japan Credit Rating Agency (JCR)

What is 'Japan Credit Rating Agency - JCR' One of the key credit rating agencies in Japan. JCR provides a number of services, including rating debt securities of all types, as well as financial market and industry research. JCR also offers political and economic research, and various publication and informational services for its data. Explaining...

Jesse L. Livermore

Definition In addition to being an investor and security expert, Jesse Lauriston Livermore was also a businessman. He was renowned for amassing and then squandering numerous multimillion-dollar fortunes by short selling during the stock market crises of 1907 and 1929, as well as other events. What is 'Jesse L. Livermore' Despite coming from a modest agricultural background, Livermore went on to become...

James E. Meade

DefinitionJames Edward Meade CB, FBA was a British economist and winner of the 1977 Nobel Memorial Prize in Economic Sciences jointly with the Swedish economist Bertil Ohlin for their "pathbreaking contribution to the theory of international trade and international capital movements." James E. Meade What is 'James E. Meade' A Keynesian economist who won the 1977 Nobel...

Joint

What is 'Joint' A legal term describing a transaction or agreement where two or more parties act in unison. Explaining 'Joint' In addition to pertaining to accounts or ownership in real property, joint can also refer to liability. Joint liability exists in situations where two or more people share the burden of a debt....