Why Admittance Y is the reciprocal of impedance, Y = 1/Z, and like impedance it has two parts: Y = G + jB, where G is conductance (the real part) and B is susceptance (the imaginary part). Susceptance is the reciprocal-style measure of reactance in a parallel circuit, expressed in siemens, and it is positive for capacitance and negative for inductance in this convention. Using admittance makes parallel circuits easy because conductances and susceptances simply add.
Watch out The choice about magnetic impedance is a made-up term, and the ratio of electric to magnetic field is the wave impedance of a medium, not susceptance.
Impedance = R + jX; flip it over and you get Admittance = G + jB. B is the imaginary half, susceptance.