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Yard

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Md. Al-Amin:
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.
http://www.investinganswers.com/financial-dictionary/investing/yard-6394

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