Jct.

Abbreviation with 2 meanings

Jct.
Stands forJunction
Meanings2
CategoriesGeography & Places, Government & Politics
Also writtenJCT

Jct. has two meanings. It stands for Junction (geographic feature) or Joint Committee on Taxation (political).

Meanings of Jct. at a glance

#Jct. stands forContext
1JunctionGeography & Places › Geographic Feature
2Joint Committee on TaxationGovernment & Politics › Political

1. Junction

Geography & Places · Geographic Feature Abbreviations

Place where roads or railways meet, abbreviated Jct. on road signs, railroad timetables and in town names such as Grand Jct., Colorado, or White River Jct., Vermont.

Example: Gas up at the Jct. of Routes 2 and 7 before heading into the mountains.

USPS uses JCT in addresses. Many towns grew at railroad junctions, and Jct. on old timetables marked where passengers changed lines. Highway signs often show JCT above the shield of a route ahead.

2. Joint Committee on Taxation (JCT)

Government & Politics · Political Abbreviations

Nonpartisan committee of Congress whose staff estimates the revenue effects of tax legislation and helps draft tax bills, playing the role for tax measures that the CBO plays for spending. Its members come from the House Ways and Means and Senate Finance committees.

Example: According to JCT estimates, the provision would reduce revenue by $90 billion over a decade.

Created in 1926, it relies on a staff of economists, lawyers and accountants whose revenue estimates are folded into CBO's overall cost estimates. It publishes the "Blue Book", a general explanation of the tax laws enacted in each Congress. The chair rotates between the House and Senate.

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