Financial Definition of JD
What It Is
A Juris Doctor (JD) is a law degree. According to Merriam-Webster, the term first came into use in 1969.
How It Works
It usually takes three years of law school to obtain a JD. The designation is often a requirement for taking the bar exam to become a licensed attorney.
Why It Matters
Having a JD means you've attended law school, which is an important course of study if you plan to practice law in any capacity. The course of study typically covers tort law, contract law, civil procedure and criminal law.
Seen and Heard
What made you want to look up JD? Please tell us where you read or heard it (including the quote, if possible).