J - Investments Glossary
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Glossary
J....
Joint Life. A life policy option where life assurance is taken out by two (or more) individuals, the payout coming with either the first or final death.
Joint Tenancy. Where a property is in the names of two owners, on the death of the first owner, the property passes in its entirety to the survivor. See 'Tenants in Common'.
Jurisdiction. Strictly speaking, the legal power of a court, but often taken generally to mean within a particular sphere of influence.
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