Look at the paper after the heading "What is a JIT?"
The first paragraph moves towards an answer - "compilation design that implies that compilation happens on demand when the code is run the first time" But then it backtracks on this and says that it could mean many things, and gets wishy-washy, and says that python is already a JIT.
The second paragraph says, "What people tend to mean when they say a JIT compiler, is a compiler that emits machine code." What point is the author trying to make here? An Ahead of Time compiler emits machine code. But then it goes on to say that an Ahead of Time compiler also emits machine code. So what is a JIT?
The third paragraph starts talking about about mechanism, which is a distraction from the question it posed above - what is a JIT?
The article talks around points instead of making points.