Author Topic: Yard  (Read 371 times)

Offline Md. Al-Amin

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« on: February 27, 2014, 12:37:28 PM »
What it is:

In the finance world, yard is slang for one billion. The term comes from the French word milliard, which means one billion.

How it works/Example:

For example, if the United States were to buy 200 new fighter jets for the military, it might spend a yard on them.

Why it Matters:

Like any other industry, the finance world has its own slang and colorful language.