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BANKING GLOSSARY - Y

Bankers Guru
Year End

The end of the financial year, when a company's accounts are prepared.


Year Book

A reference book which is published each year with updated or new information.


Year To Year Tenancy

Involves renting property one year at a time, which can be called periodic tenancy.


Yield 

The expected rate of return expressed as a percentage of the net outlay or net proceeds of an investment, not of its face value.


Year Average Growth 

The rate of change between the year and the previous year, where the year is typically a calendar year or a financial year.


Year Ended Growth 

The rate of change between the period and the equivalent period in the previous year, where the period is typically a month or a quarter.

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