It doesn't have its own syntax, it's simply plain JavaScript.
They implement a fluent interface pattern, that basically allows you to chain function calls, e.g.:
$(argument).method1().method2(); // etc...
$ is allowed to be used as an Identifier, that's why many libraries use it, not just jQuery.
In the above example, the $ identifier is in the context of a call expression, $(arguments) is just similar to myFunction(argument), that function call returns an object, that contains other properties that are by itself methods, that can be called subsequently as a "chain".
An example of a language built on top JavaScript (something slightly similar to your C => PHP example) would be CoffeeScript.
answered 2010-11-17T06:22:35.600