Syllable division derived from spelling — this word is not in the pronouncing dictionary, so no phonetic transcription is shown rather than a guessed one.
y-axis is a noun meaning "the vertical axis in a plane coordinate system". It carries one recorded sense.
the vertical axis in a plane coordinate system
Definitions, synonyms and semantic relations for y-axis come from Princeton University’s WordNet. Commonness is measured against a corpus of everyday English. Full sources and licences.