\
\
Definition of y
(Entry 1 of 8)
Definition of y (Entry 2 of 8)
Y
noun (2)
\
Y
symbolDefinition of Y (Entry 4 of 8)
Definition of -y (Entry 5 of 8)
Definition of -y (Entry 6 of 8)
Definition of -y (Entry 7 of 8)
Definition of -y (Entry 8 of 8)
Keep scrolling for more
Learn More about y
Keep scrolling for more
More Definitions for y
Y
symbolFinancial Definition of Y
What It Is
Y is a ticker-symbol extension that signifies that a stock is an American Depository Receipt.
How It Works
Issued by U.S. banks, American Depository Receipts (ADRs) are certificates that represent shares of a foreign stock owned by the issuing bank. The foreign shares are usually held in custody overseas, but the certificates trade in the U.S. Through this system, a large number of foreign-based companies are actively traded on one of the three major U.S. equity markets (the NYSE, AMEX, or Nasdaq).
On the Nasdaq market, for example, the letter Y after the ticker (if its ticker were XYZC, an XYZ Company ADR would look like this: XYZC-Y) to denote that the security is an ADR.
Why It Matters
ADRs give U.S. investors the ability to easily purchase shares in foreign firms, and they are typically much more convenient and cost effective for domestic investors (versus purchasing stocks in overseas markets). And because many foreign firms are involved in industries and geographical markets where U.S. multinationals don't have a presence, investors often use ADRs to help diversify their portfolio on a much more global scale.
Accordingly, it is very important to understand what ticker extensions mean.
Source: Investing Answers
y
noun
English Language Learners Definition of y
(Entry 1 of 2)
English Language Learners Definition of -y (Entry 2 of 2)
\
Kids Definition of y
Kids Definition of -y
(Entry 1 of 5)
-y
noun suffixKids Definition of -y (Entry 2 of 5)
-y
noun suffixKids Definition of -y (Entry 3 of 5)
-y
Kids Definition of -y (Entry 4 of 5)
see -ie
Keep scrolling for more
Y
symbolMedical Definition of Y
Comments on y
What made you want to look up y? Please tell us where you read or heard it (including the quote, if possible).
Test Your Vocabulary
Words from Greek and Latin Quiz
-
- Which of the following months comes from a Latin word for “ten”?
Test your knowledge - and maybe learn something along the way.
TAKE THE QUIZ
Test Your Knowledge - and learn some interesting things along the way.
TAKE THE QUIZ
-
Words from Greek and Latin Quiz
Finally! A use for those SAT prep classes.
Take the quiz -
Name That Thing: Animal Edition
How many animals can you identify?
Take the quiz -
True or False?
Test your knowledge - and maybe learn something along the way.
Take the quiz -
SCRABBLE® Sprint
SCRABBLE® fans, sharpen your skills!
Play the game
Share y
Resources for y