Commercial Glossary: J

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

Joint Venture: A venture by two separate individuals, businesses or companies to accomplish a single, common purpose.

Judicial Foreclosure: Foreclosure that’s initiated through a procedure in the courts to seize a property in default.

Jumbo Loan: A loan that has a value greater than the maximums set by
the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation.

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