Joint Venture - When two or more persons or
organizations gather CAPITAL to provide a product or
service. Often carried out as a PARTNERSHIP.
Journal - Any book containing original entries of
daily financial transactions.
Junk Bonds - DEBT SECURITIES issued by companies
with higher than normal credit risk. Considered
"non-investment grade" bonds, these SECURITIES
ordinarily yield a higher rate of interest to compensate
for the additional risk.
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