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1.
Jump shot refers to shooting the basketball while jumping, as opposed to the older stay-on-the-ground shot. It was invented sometime in 1940s, perhaps by Kenny Sailors.

jumpSHOT, a tabletop basketball game with patented player figurines performing the jump shot.

Jump shot, in cue sports such as pool, is a shot in which the cue ball is made to jump intentionally to clear an obstacle.
We have seen plenty of spectacular jump shots from Kobe Bryant and Ray Allen in the NBA championship battle between the Lakers and the Celtics...
by vmor June 19, 2010
 
2.
a key skill to have in basketball, helps a nigga survive in da hood
In my neighborhood you either slang crack rock or got a wicked jump shot.
by Nick D February 24, 2003
 
3.
The classic shot in basketball where you jump and shoot at the peak of your jump.
Me and John were taking some warm-up Jumpshots before the big game
by Doug the Dawg December 29, 2011
 
4.
When you jump while in the process of masturbating to blow a fat load all over his roomates lofted bed.
Tony blew a wicked awesome jump shot all over Johnnys bed
by gangsta steve March 23, 2005