As I understand it, the word "jet" is meant to evoke the idea of a "spray" of curves through a point, or more accurately, their equivalence classes up to $k$th order contact.
Consider this section of the Wikipedia entry on jets#Jets_of_functions_from_the_real_line_to_a_manifold):
> !enter image description here
(The jet of a map between manifolds is then defined in terms of the jets of curves.)
!enter image description here