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Category: Y

Yard

Definition In finance, the term “yard” refers to one billion units of a particular currency. It is commonly used by bankers and traders to describe

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Y2K

Definition Y2K, also known as the “Year 2000 Problem,” refers to a widespread computer programming issue that arose in the late 1990s due to the

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Yankee Certificate of Deposit

Definition A Yankee Certificate of Deposit (CD) is a short-term financial instrument issued by foreign banks or financial institutions to U.S. investors. They are denominated

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Yankee CD

Definition A Yankee CD (Yankee Certificate of Deposit) is a financial instrument issued by a foreign bank, denominated in U.S. dollars, and held in an

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Yankee Bond

Definition A Yankee Bond is a debt security issued by foreign entities, such as corporations or governments, in the U.S. bond market denominated in U.S.

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