"Yield" means to give something to somebody who demands it.
"Right of way" means the right to go through some place (like an intersetion.)
If you see a "Yield" sign as you enter some kind of intersection, it means that somebody else (not you) has the right of way, and you must yield it to them.
In the U.S.A., a YIELD sign means the same thing as a STOP sign except you don't have to stop---all you have to do is keep out of the other guy's way, and you're golden.
Yield to right of way
It means that you have to yield, or stop, for the driver that has the right of way.
Other vehicle in intersection goes before you do
A driver should yield the right-of-way to pedestrians:
Yes, when approaching an intersection, you must yield the right of way to other vehicles or pedestrians if you do not have the right of way.
To yield the right of way means slowing down or stopping to allow other vehicles and pedestrians to proceed first. This happens at intersections when entering a private road or driveway and is especially important on pedestrian crossings.
When you enter traffic from a stopped and position, always yield the right of way to
A driver must always yield the right-of-way to a pedestrian at crosswalks and intersections.
The law states that drivers must yield the right-of-way to other vehicles or pedestrians when necessary, as no driver has the automatic right-of-way.
When you enter traffic from a stopped and position, always yield the right of way to
You ALWAYS yield to the vehicle on your right.
Drivers should yield the right of way to the vehicle that arrives first at a 4-way stop. If two vehicles arrive at the same time, the vehicle on the right has the right of way.