An agreement between two or more firms to share risk and financing responsibility in purchasing or underwriting securities, or an account owned jointly by two or more persons at a bank or brokerage house.
Nearby TermsJOD Johannesburg Stock Exchange (JSE) Joint account Joint and survivor annuity Joint bond
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University
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A market capitalization-weighted benchmark index made up of equities from 23 countries, including the United States.