2 terms were found starting with the letter j.

J-Curve

The theory that devaluation causes the trade balance to worsen before it improves, because prices of imports rise immediately while import and export volumes are slower to respond to the devaluation. This causes the trade balance to trace a path over time that looks like the letter J.

Joint Venture

An agreement between two or more companies to pool their resources in some endeavor. Responsibilities, expenses, and revenues are shared according to the terms of the joint venture.