yellow cab noun2 •(US) A yellow taxi, particularly officially licensed taxis in New York City and certain other jurisdictions. •(offensive) An Asian woman who sleeps with white men, particularly such Japanese women when regarded as a race traitor.Despite its ubiquity in 1990s Japanese culture, one telephone survey of 200 people conducted in the New York area did not find a single individual familiar with the use of the term "yellow cab" in reference to Japanese or Asian women. formsyellow cabs