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Joint Bond
An obligation guaranteed by a party (parent company, ... ) other than the issuer.
Economy Term
Letter: J
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Joint Venture JV
A partnership between two or more parties with an agreement to share risk, profit and control, in a specific enterprise.
Economy Term
Letter: J
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Jumbo Mortgage Loan
a first lien mortgage loan underwritten to the same high standards as a Conventional Conforming Mortgage Loan except with respect to the original principal balance, which is greater than that permitted by the Agencies but less than one million ($1,000,000) dollars.
Financial Term
Letter: J
