What Is the Jumpstart Our Business Startups (JOBS) Act? The Jumpstart Our Business Startups (JOBS) Act is a piece of U.S. legislation that was signed into law by President Barack Obama on April 5, 2012, that loosens regulations instituted by the Securities and Exchange Commission (SEC) on small businesses. It lowers reporting and disclosure requirements
What Is a Junior Mortgage? A junior mortgage is a mortgage that is subordinate to a first or prior (senior) mortgage. A junior mortgage often refers to a second mortgage, but it could also be a third or fourth mortgage (e.g. home equity loans or lines of credit (HELOCs)). In the case of a foreclosure
What Is a Junior Company? A junior company is a small company that is developing or seeking to develop a natural resource deposit or field. A junior company is like a startup in that it is either looking for funding to help it grow or it is looking for a much larger company to buy it out. Key
What Is Junior Debt? Junior debt refers to bonds or other forms of debt issued with a lower priority for repayment than other, more senior debt claims in the case of default. Because of this, junior debt tends to be riskier for investors, and thus carries higher interest rates than more senior debt from the
What Is Junior Equity? Junior equity is stock issued by a company that ranks at the bottom of the priority ladder in terms of ownership rights. Its owners are the last in line to receive certain payouts, such as dividends or reimbursements in cases of bankruptcy. Common stock is a type of junior equity. It
What Is a Junior Security? The term junior security refers to a security with a lower priority than others. Put simply, junior security is subordinate to any other type of security. This means that junior security holders get paid only after those who own senior securities if and when a company goes bankrupt or is
What Are Junk Fees? Junk fees are a series of charges that a lender imposes at the closing of a mortgage. These charges are often unexpected by the borrower and not clearly explained by the lender. This surprise factor can lead to the impression that these fees are excessive and tacked on to other legitimate
What Is a Junk Bond? Junk bonds are bonds that carry a higher risk of default than most bonds issued by corporations and governments. A bond is a debt or promise to pay investors interest payments along with the return of invested principal in exchange for buying the bond. Junk bonds represent bonds issued by
What Is the Kairi Relative Index (KRI)? The Kairi Relative Index is a technical analysis metric that traders use to indicate when it is time to buy or sell an asset. It measures the deviation of the price from the simple moving average (SMA) of that asset’s price over a period of time, typically 10
What Is Kaizen? Kaizen is a Japanese term meaning change for the better or continuous improvement. It is a Japanese business philosophy that concerns the processes that continuously improve operations and involve all employees. Kaizen sees improvement in productivity as a gradual and methodical process. The concept of kaizen encompasses a wide range of ideas.
