The right-of-way refers to which driver has the right to pass first when two vehicles’ intended paths intersect. When you yield the right-of-way, this means that you yield to the driver who has the right to go first.
Drivers must yield the right-of-way in a variety of circumstances, such as:
At stop signs and red lights
At yield signs
When pedestrians are crossing at an intersection
When visually impaired individuals are crossing a roadway
At uncontrolled intersections when another driver has already entered the intersection
When turning left through an intersection
When merging with traffic on a highway