J
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(JV) a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. Each of the participants in a JV is responsible for profits, losses, and costs associated with it.
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Debt securities or loans that have a lower priority or claim on a company's assets in the event of bankruptcy or liquidation, ranking below senior debt and other obligations.
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An investment account held by two or more individuals who share equal ownership and have the authority to transact on the account. Joint accounts are most likely to be used by relatives, couples, or business partners who have a level of familiarity and trust with each other.
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The co-ownership of an asset or property by two or more individuals or entities, sharing the rights, responsibilities, and benefits associated with the ownership.
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In private equity, the pattern of returns where initial investments in a fund may lead to negative or low returns in the early years, followed by a period of positive returns as portfolio companies mature and are exited.
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Describes the return stages of a private equity fund, where negative returns are generated in the early years due to acquisition costs and initial losses, followed by returns exceeding costs in later years through the disposition of individual investments. The returns over time resemble the letter "J" as returns are negative at the start and then gradually increase over time as the investments start generating positive incremental returns.