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Yankee cabs ignoring sort of junction feature in chart (1-4)

Ross

I believe the answer is:

y-axis

'feature in chart' is the definition.
(as in X axis and Y axis)

'yankee cabs ignoring sort of junction' is the wordplay.
'yankee' becomes 'Y' (phonetic alphabet: alpha, bravo, charlie etc.).
'cabs' becomes 'taxis' (I've seen this before).
'ignoring' suggests deleting specific letters.
'sort of junction' becomes 'T' (T-junction).
'taxis' with 't' taken away is 'axis'.
'y'+'axis'='Y-AXIS'

(Another definition for y-axis that I've seen is " Vertical line on a graph".)

I've seen this clue in The Times.
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