Terms starting with

Y
YTD (Year-to-Date)

Year-to-date refers to the period from the beginning of the current fiscal year up to the present date. It’s used in financial reports to track…

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Yield to Maturity (YTM)

YTM is the total return expected on a bond if held until it matures, considering its current price, coupon payments, and face value. It’s used…

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Yield

Yield refers to the return on an investment, typically expressed as a percentage of its cost or current value. In accounting, it's often associated with…

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Year-End Closing

Year-end closing is the accounting process of finalising all transactions, adjusting entries, and preparing financial statements at the end of the fiscal year. It ensures…

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