Glossary of ‘Financial Terms’ starting with Alphabet ‘Y’, i.e. ‘Meaning’ or ‘Definition’ of Common and Unusual terms relating to Accounting, Auditing, Company Law, GST, Income Tax, Investments, etc., along with the ‘Context’ in which they are used.
Yankee Bond (U.S.)
A bond offering in the U.S. domestic market by a non-U.S. entity registered with the SEC.
Yield to maturity (YTM)
The rate of return anticipated on a bond if it is held until the maturity date. YTM is considered a long term bond yield expressed as an annual rate.
Yuppie Scam (U.S.)
The name given to Wall Street insider trading scandal after a host of smart young lawyers, bankers and arbitrageurs were found to be in the dealing ring.