Japan Association Of Securities Dealers Automated Quotation (Jasdaq)
What is 'Japan Association Of Securities Dealers Automated Quotation - Jasdaq' An electronic security exchange based in Tokyo, Japan. Originally an over the counter market, Jasdaq launched an electronic trading platform featuring an automated quotation system similar to the Nasdaq. Explaining 'Japan Association Of Securities Dealers Automated Quotation - Jasdaq' In 1963, the Japan...
Joint Float
What is 'Joint Float' Two or more countries agreeing to keep their currencies at a same exchange rate relative to one another, but not relative to other countries. The countries involved in a joint float agreement form a sort of partnership where their currencies move jointly. The central banks of the countries participating in this agreement maintain...
Japanese Housewives
What is 'Japanese Housewives' Japanese housewives, in the foreign exchange world, is a collective term for the legions of Japanese matriarchs who resorted to currency trading in the first decade of the new millennium. With Japanese interest rates near zero percent for most of the decade, their motivation for currency trading was to increase the returns on...
John A. Allison IV
What is 'John A. Allison IV' A former chairman and CEO of BB&T Corporation, a North Carolina-based financial holding company, from 1989 to 2008, and a member of the company's board of directors. He is known for dramatically increasing the bank's assets to make it one of the largest banks in the United States. Explaining...
Joint Tenancy
DefinitionA concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than one person at a time. If more than one person owns the same property, they are commonly referred to as co-owners. Legal terminology for co-owners of real estate is either co-tenants or joint tenants, with...
John Elkann
DefinitionJohn Philip Jacob Elkann is an Italian industrialist. He was the chosen heir of his grandfather Gianni Agnelli, and chairs and controls the automaker Fiat Chrysler Automobiles. He is the chairman and CEO of Exor, an investment company controlled by the Agnelli family, which controls Partner Re, Ferrari, CNH Industrial and Juventus F.C. John Elkann What is 'John...
James J. Heckman
DefinitionJames Joseph Heckman is an American economist who is currently at the University of Chicago, where he is The Henry Schultz Distinguished Service Professor in Economics and the College; Harris Graduate School of Public Policy Studies; Director of the Center for the Economics of Human Development.; Director of the Center for Social Program Evaluation; Co-Director, Human Capital and Economic...
Joint Life With Last Survivor Annuity
What is 'Joint Life With Last Survivor Annuity' An insurance product that, when annuitized, makes payments to the annuitant, the annuitant and his/her spouse, or the annuitant and another beneficial party until both the annuitant and his/her spouse have passed away. These annuities are not term certain, so they continue paying out to the annuitant, and whoever...
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...