This glossary is courtesy of the "Field Guide for Property & Casualty Agents and Practitioners"
published annually by The National Underwriter Company.

   

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Y

Y2K - An abbreviation for Year 2000. The Y2K problem resulted from the use of two-digit year fields in computer software codes and silicon chip technology. Because of this, the software or chip cannot recognize "00" as the year 2000 instead of 1900 or doesn’t recognize it at all.

Copyright 2005 Walton Agency, Inc. All rights reserved.

 

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