JOINT TENANCY
An estate or interest owned by one or more person, each having equal rights to
possession and enjoyment; the interest a deceased tenant conveys to surviving
tenants by specific wording in the deed establishing the joint tenancy. JOINT VENTURE (JOINT ADVENTURE)
Two or more parties in an arrangement confined to only one or a limited number
of business deals. JUDGMENT
Decree of a court that not only declares that one party owes another party a
debt but also fixes the debt amount. JUDICIAL REVIEW
The power of a court to re-examine statutes or administrative acts and to
determine their validity; a rehearing or appeal to a higher court. JUST VALUE
The fair market value.
