Y2K
Y2K
Definition
Y2K
Etymology: Y(ear) + 2 + K, abbrev. for the number 1000
the year 2000Y2K problem
the predicted malfunction of some computer systems prior to or at the beginning of the year 2000 because of their inability to distinguish between dates in the 1900s and dates in the 2000s: this inability results from the coding of year dates in some software and chips with only the final two, rather than all four, digits
Y2K Finance Definition
Shorthand
for the year 2000, it came to mean specifically the potential difficulty that
corporate, governmental, and financial computer systems might have encountered
if programming changes were not made. Before 2000, many computer programs allocated
space for only two digits in the year instead of four (98 meant 1998, 99 meant
1999, and so on). Once Jan. 1, 2000 arrived, computers would have read the year
as 1900 and potentially wiped out data or locked-up computer systems.
Y2K (Year 2000)
Telecom Definition
See yy.
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