YEAR OF ACCOUNT BASIS :: Accounting technique practiced related to reinsurance transactions; within this category accounts dealing with premiums and losses during the year being considered irrespective of the origination year of the cession or loss

YIELD :: Ratio of the income earned on an investment to the face value of the investment; also known as current yield on the investment

YORK-ANTWERP RULES :: Set of rules devised as voluntary code of maintaining universal standardization on treating General Average; provisions in these rules form the basis of adjustments related to general average