Fintech Terminology / Glossary / Dictionary - J


Jackpot is a large amount of money that you win in a game or a lottery. It is also a large windfall derived from an act of gambling. In finance terminology, jackpots refer to large investment returns reaped over a short period of time.


Jitter is an anti-skimming technique. It makes the card's speed irregular and make it unsteady by variation when the card is swiped or pulled into a card reader or ATM. Due to this variation card skimmers can not readout the magnetic strip. Jitter is designed to make any copied information unreadable or distorted by a card skimmer, and thus unusable.

Joint Account

A joint account is a bank or brokerage account, which is shared by two or more individuals where each individual having the right to deposit and withdraw funds. It normally allows access to funds to anyone named on the account.


In general, a journal is a diary where daily record of news and events of a personal nature is maintained. In financial world, a journal is a comprehensive account where all monetary transactions of an organization are recorded on daily basis. This account is then used later for reconciliation purpose and transfer to official records like the general ledger.

Judgmental Credit Analysis

Judgmental credit analysis is a qualitative method for approving or denying credit based on the lender's judgment. It does not consider any particular credit scoring model. This method evaluates the borrower's application using prior experience dealing with similar applicants and accordingly approve or reject credit application. 

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