Important Financial Investment Terms
Thousands of investors have told us they are confused by the investment jargon that is used by financial advisors. We also know some terms, that investors don't understand, are used by advisors as sales ploys. They establish themselves as experts when they define a term you may not understand.
There is an alternative. We have defined more than 1,500 commonly used financial terms. Look-up a definition by entering the term in the search engine or using the alphabetical search service.
Definition of 'Joint Tenants in Common or JTIC'
A way for two or more persons to own property together, but there are no rights of survivorship. When one of the co-owners dies, that share of the property becomes part of their estate and passes on to heirs. This is an arrangement common in joint business ventures.