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Jekyll and Hyde
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This term has many meanings like:
1. A slang term referring to the strengths and weaknesses of a company's financial statements.
2. An asset that suddenly increases or decreases in value.
3. A senior manager's good and bad qualities, or the polarized...
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Jensen's Measure
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A Risk-adjusted performance measure that represents the average return on a Portfolio over and above that predicted by the CAPM, given the Portfolio's Beta and the average market return. This is the Portfolio's Alpha. In fact, the concept is sometimes referred...
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Joint Float
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An arrangement by which a group of currencies maintain a fixed relationship relative to each other, but move jointly relative to another Currency in response to supply and demand conditions in the Exchange market.
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Jumbo CD
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A CD with a very large denomination, usually $1 million or more.
These are usually bought by institutional investors who are interested in Low-Risk investments. Jumbo CDs are usually in bearer form, and have secondary markets that are highly liquid. also...
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