Y= 1/3 |x| -2 in words its y equals one third idk what |x| is called idk if its minus to or negitive so any will be also will fan and give 99 and is that idk

Technically speaking, because the way you have the question written, in words the equation would be said as y equals one-thirds multiplied by the absolute value of x, then minus two. Properly saying as y equals two less that the product of one-third and the absolute value of x.
The absolute value is the distance away from 0 therefor the value would alway equal as a positive value. EX1: |21| = 21 EX2: |-21| = 21
even if you considered -2 within y=1/3|x|-2 as -2 being negative two instead of minus two, then it would be the same meaning in the case that you have written out in a mathematical equation format, but really because -2 comes after 1/3|x| and -2 is not in parenthesis then it would make more since to say minus two.