J) curve effect (private equity)
Illustrative payoff profile for private equity investments, in terms of which short-term losses are expected to be offset by greater profits in the longer term.

JGB
Japanese government bond.

Junk bond
Company bond that has been given a low rating/sub-investment grade by credit rating agencies. Junk bonds offer higher expected returns to compensate for the increased risk. (See also distressed debt.)

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