Category: J

Definition Joint liability refers to the financial obligation shared by two or more parties for a specific debt or legal responsibility. In this arrangement, each

Definition A joint-life payout is a payment structure typically associated with annuities and pension plans, wherein periodic payments are made to two or more individuals,

Definition A Joint Life with Last Survivor Annuity is a financial product designed for couples, which provides periodic income payments for as long as either

Definition Joint supply refers to a situation in the economic market where the production of one good inherently results in the production of another good.

Definition Joint endorsement is a financial term that refers to the process of two or more parties signing their names on the back of a

Definition Joint owned property refers to a real estate asset that is legally owned by two or more individuals or entities. These parties share the

Definition The Joint Return Test is a tax term that refers to a requirement used by the Internal Revenue Service (IRS) to determine if a

Definition Joint probability is a statistical term that refers to the likelihood of two or more events occurring together. It is calculated by multiplying the

Definition A joint return is a type of tax filing status where married couples combine their incomes, deductions, and credits on a single tax return.

Definition A joint-stock company is a business entity where the company’s capital is divided into shares that can be bought and sold by investors. These