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The VY doesn't stand for anything.

Before there were telescopes, stars were giving meaningful names, but once the telescope came into play, more stars were discovered than names could be found for. So a number of star catalogues were developed [See related link] to try and get around this problem.

VY is just an entry in the Bayer Catalogue for variable stars [See related link]

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15y ago

What else can I help you with?