Letter Y Dictionary
- Y shares
- A class of mutual fund shares for institutional investors. Also Institutional shares, they carry no load or 12b-1 fees.
- Yankee bond market
- The market for bonds issued in the US by foreign corporations, banks, and governments. They are US Dollar denominated.
- yardstick
- A standard, used for comparison; also called benchmark.
- year-end bonus
- An additional sum of money sometimes rewarded to employees at the end of a year,...
- year-over-year
- A comparison of the same time period in the previous year.
- Year-To-Date
- YTD; period spanning from January 1 of the current year to the present date.
- Yellow Sheets
- A daily bulletin released by the National Quotation Bureau, providing bid and...
- Yemeni Rial
- The currency of Yemen.
- YER
- The ISO currency code for the Yemeni Rial.Learn more about the Yemeni Rial and Yemen at GoCurrency.com
- yield
- Yield is the expected annual rate of return an investor expects to make from...
- yield advantage
- The different between a corporation's convertible securities and its dividend yield on common stock
- yield burning
- An illegal transaction in which an underwriter uses excessive markups on bonds...
- yield curve
- The yield curve describes the relation between the interest rates and the maturity...
- yield elbow
- The point on the yield curve at which the economy's highest interest rate occurs
- yield equivalence
- The necessary yield on a taxable investment in order to balance the tax-free...
- yield spread
- The differences between yields on discrete debt securities. The YS is affected...
- yield to call
- The yield realized on a callable bond if it were redeemed by the issuer on the ensuing call date
- yield to maturity
- The rate of return on a bond if it is held until the maturity date. It is expressed...
- yield to worst
- The lowest yield quoted
- YTD
- Abbr. Year-To-Date; period spanning from January 1 of the current year to the present date.
- Yuan
- The currency of China. ISO international currency code: CNY. Learn more...