Note. In some texts the notation is used to mean what here we denote by being the trivial bundle.
First approach
(@saunders1989geometry)
Let be a smooth vector bundle, with . We can interpret it as being a manifold of independent variables and sections of as functions on . The set of sections forms a -module.
Two sections are said to be -equivalent at a point if their graphs are tangent to each other with order at . By "their graphs are tangent" we mean that if we express the sections as functions and in a local trivialization, the partial derivatives of and at coincide up to order . This fact does not depend on the chosen trivialization.
The equivalence class of , denoted by is called the -jet of at , and the collection of all the classes, , is the jet space at . Finally, we can construct a bundle
In this bundle we have special coordinates called the derivative coordinates. Let be adapted coordinates on , with . The derivative coordinates induced by are where
where
being the expression of in and a multiindex expressing partial derivatives of order up to .
(@saunders1989geometry page 94).
The dimension of is
If , with , we define . See example 2.24 in @olver86.
The sections of of the form
being a section, are called holonomic sections or -graphs (see @bryant2013exterior page 23 Theorem 3.2.), or th-order jet prolongation of , and will be denoted by .
In this case, Cartan distribution is involutive (see wikipedia) and its dimension agrees with . We get a decomposition of in a vertical bundle (the subspace of tangent to the fibre) and an horizontal one (the subspace belonging to the Cartan distribution). This decomposition induces a similar decomposition in the cotangent space , and also in the ring of differential forms giving rise to the variational bicomplex.
Second approach: Sketch of the formalization a la Olver for the extended jet bundle
Locally, any pair of submanifolds of a manifold of the same dimensions is given by the graphs of smooth functions and (with independent and dependent variables between them of ). These functions are said to be -equivalent at if there is a coordinate chart such that the partial derivatives at coincide up to order :
This idea is independent of the coordinate chart, and therefore we can define an equivalence relation between submanifolds being tangent up to order at . The equivalence class is called a jet. The union of all jets at is the jet space at , and the jet bundle is
See @olver86 page 218 for more details. There he doesn't treat the case of sections of bundles but the construction let define the extended jet bundle (something like a projective version).
Third approach: Sketch of the formalization of Wikipedia
Between functions we define an equivalence relation for : iff
for . The equivalence class of is denoted by and is called the -jet of .
For , being a manifold and such that , we say that iff for every
This is like saying that curves and have -order contact. The equivalence class of is denoted by and is called the -jet of . We will denote by