There's a similar question ' What's the difference between JavaScript and JScript? ' though it only covers up to IE8. Strangely, in IE 9 onward, the term 'JavaScript' is referenced. It seems that the term 'JavaScript' will be used onward.
Moreover, MS differentiates the two languages in terms of compliance to specific ECMAScript version.
- JScript
is the Microsoft implementation of the ECMA 262 language specification (ECMAScript Edition 3) (link)
- Javascript
is compliant with the ECMAScript Language Specification 5th Edition (link)
So, what will happen to the term JScript? Will it be restricted to non browsers?