HOME | ABOUT | CONTACT | F.A.Q.
OUR BENCHMARK > FIXED FEES, SO RELAX! THE METER’S NOT RUNNING…
September 08th 2010.

Financial Glossary

A . B . C . D . E . F . G . H . I . J . K . L . M . N . O . P . Q . R . S . T . U . V . W . X . Y . Z

J  ( 6 DEFINITIONS )

Job cost sheet
A job cost sheet is a form prepared for each job initiated into production that serves as a means for accumulating the materials, labour and overhead costs chargeable to the job and as a means of computing unit cost.    top

Job-order costing system
A job-order costing system is a costing system used in those manufacturing situations where many different products, jobs, or batches of production are being produced each period.   top

Joint venture
A joint venture is an economic activity (investment) resulting from a contractual arrangement whereby two or more venturers jointly control the economic activity. The joint venture is subject to joint control by the joint venturers.    top

Journal
A journal is an organized medium for recording transactions in debit-credit format. This is also called a book of original entry.    top

Junk bonds
Junk bonds are debt issued with a less than any generally accepted investment grade rating by a bond rating service. These bonds are higher risk and are issued at a substantial discount to provide higher effective interest rates to compensate investors for the risk assumed.   top

Just-in-time inventory (JIT) system
A just-in-time inventory (JIT) system is a management system that involves inventories kept at their lowest levels possible. Goods and materials arrive just in time for use in the manufacturing or assembly process.   top