Business terms and jargon explained. Your business dictionary

What is Yard

Slang for a one billion currency units. This is easier to use for currencies that are associated with large number. e.g. Yen in Japan a "yard of yen” is a billion yen which is approx. 10 million US dollars. No one wants to make a mistake or be misheard using the word billion.

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Term created / updated 2005-07-16 23:12:15

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