Daffodil International University

Faculties and Departments => Business Administration => Business & Entrepreneurship => MBA Discussion Forum => Topic started by: Md. Al-Amin on February 27, 2014, 12:37:28 PM

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