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n. [ Acronym from Joint Picture Experts Group. ] (Computers) A standardized format for storing graphic data in binary computer files, allowing over 16 million different colors. It allows for lossy compression, i. e. the compression of data into a form which re-expands into an image close, but not identical to the original image. Files stored in this format usually carry the extension jpg or jpeg. Compare GIF. [ PJC ]