Welcome to the Financial Times Lexicon

Browse thousands of words and phrases selected by Financial Times editors and suggest new terms for the glossary.

Entries starting with Y

Y2KThe year 2000, used especially when people are talking about the millennium bug (the problem that some computers had when the date changed...
Yale modelAn investment model developed by David Swensen, the chief investment officer at Yale, that relies on modern portfolio theory and invests...
Yankee bondA US dollar-denominated bond issued by a foreign borrower in the US.
yankee dollar certificate of depositA certificate of deposit offered by non-American banks in the US.
YAPYoung Aspiring Professional; another name for yuppie.
yardA unit for measuring length, equal to 3 feet or 0.9144 metres.An enclosed area next to a building or group of buildings, used for a special...
yardstickSomething that you use to compare another thing with, in order to judge how good or successful it is.
yearThe period of time beginning on January 1 and ending on December 31.Any period of time equal to about 12 months.
year endThe end of a company's financial year.
year on year YOYWhen measuring the difference between performance, prices, quantities or indeed any other value of something, it is common to measure the...
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