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| J.&W.O. |
Jettison and washing overboard. |
| Jettison |
Goods from a ship's cargo, or parts
of its equipment, that have been thrown overboard to
lighten the load in time of danger, or to set a stranded
ship adrift. |
| Joint
Venture |
A form of business partnership
involving joint management and the sharing of risks
and profits between enterprises sometimes based in
different countries. |
| Just-In-Time
(JIT) |
The principle of production and
inventory control in which goods arrive when needed
for production or use.
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