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...