Stock (shares) classified as subordinate to others issued. Distribution of rights issue , dividend payment, and capital repayment must occur to the superior issues before the subordinate issues are satisfied. […]
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JUNIOR MORTGAGE
Mortgage subordinate to a previous, senior mortgage on the same property. Regardless of the situation or action taken, the primary mortgage and mortgagee is satisfied first, then the secondary, then […]
JUNIOR PARTNER
Partner with subordinate , lesser rights, involvement, authority, accountability , risks, and rewards than any senior, superior/primary partners.
JUNIOR SECURITY
Subordinate investment vehicle, like a bond, debenture, stock share, whose claims and rights are subordinate or secondary to senior, primary investment vehicles. These claims and rights involve the assets and […]
JUNIOR SUITE
A separate living / sitting area that is not a separate room is attached to a bedroom in this hotel accommodation .
JUNIPERUS SABINA
In medical jurisprudence . This plant is commonly called “savin.”
JUNK BOND FUND
Investing primarily for high rates of return at higher risks, a mutual fund in bonds Standard & Poor’s rates lower than investment grade rated ‘BB’ or below and Moody’s rates […]
JUNK BONDS
These are the bonds paying unusually high interest rates due to the un certainty of the soundness of the issuer.
JUNK FAX
Sending unsolicited stock ads by facsimile transmission (fax). Just like junk mail or spam, over the lines instead of by postal mail or electronic mail. A marketing strategy .
JUNK FEES
Lender fees, paid in dollars versus a percentage of the loan total. Described in unfavorable terms.
JUNK MAIL
Direct marketing or direct mail that is unsolicited . For introducing new products, books and magazines, investment opportunities, merchandise catalogs. It is a very big business in industrialized countries, specifically […]
JUNK-SHOP
A shop where old cordage and ships’ tackle, old iron, rags, bottles, paper, etc., are kept aud sold. A place where odds and ends are purchased and sold. Charleston City […]
JUNKET
With someone else paying, like taxpayers, taking an extravagant business and/or pleasure trip.
JUNTA, or JUNTO
A select council for taking cognizance of affairs of great consequence requiring secrecy; a cabal olfaction. This was a popular nickname applied to the Whig ministry in England, between 1693-1696. […]
JURA
Lat. Plural of “jus.” Rights; laws. 1 Bl. Comm. 123. See Jus.
JURAL
1. Pertaining to natural or positive right, or to the doctrines of rights and obligations; as “jural relations.” 2. Of or pertaining to jurisprudence ; juristic ; juridical. 3. Recognized […]
JURARE
Lat. To swear; to take an oath. Jurare est Deum in testem vocare, et est actns divini cultus. 3 Inst. 105. To swear is to call God to witness, and […]
JURAT
he clause written at the foot of an affidavit, stating when, where, and be- fore whom such affidavit was sworn. See U. S. v. McDermott. 140 U. S. 151, 11 […]
JURATA
In old English law . A jury of twelve men sworn. Especially, a jury of the common law, as distinguished from the assisa. The jury clause in a nisi prius […]
JURATION
The act of swearing; the administration of an oath. Jurato creditur in judieio. He who makes oath is to be believed in judgment . 3 Inst. 79.
JURATOR
A juror; a compurgator , {
JURATORY CAUTION
In Scotch law. A description of caution (security) sometimes offered in a suspension or advocation where the couiplainer is not in circumstances to offer any better. Bell.
JURATS
In English law . Officers in the nature of aldermeu, sworn for the gov- ernment of many corporations. The twelve assistants of the baililf in Jersey are called “jurats.”
JURE
Lat By right; in right; by the law.
JURE IN REM
a Latin phrase for rights in a thing.