Yard

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Yard

Slang for one billion currency units. Used particularly in currency trading, e.g., for Japanese yen since one billion yen equals approximately US$10 million. It is clearer to say, "I'm a buyer of a yard of yen," than to say, "I'm a buyer of a billion yen," which could be misheard as "I'm a buyer of a million yen."

Yard

1. In foreign exchange, informal for one billion. On an open outcry exchange, a trader may bid or offer one yard of a currency instead of one billion in order to avoid confusion of billion with million or trillion.

2. A slang term in Hong Kong for $1 billion. See also: Hong Kong dollar.
References in periodicals archive ?
gt; Graphs showing how players with 70 or more receptions (receptions); 900 or more receiving yds (yds) and 7 or more receiving TDs (TDs) performed on average as groups: home/away, division/non-division, wins/losses
Mak Siccar, 428 yds, par 4: The greenside bunker short left has been cut slightly closer to the putting surface to gather any undercooked approach shots.
Similarly, the price of a double storey 400 sq yds bungalow ranges between Rs17.
Hole 5, 420 yds, par 4 DROVE down right-hand side of fairway and was unlucky to see another approach bound through the green.
6Blind Faith (Birkdale 6th), 480 yds, par 4: Length and judgment have to be spot on.
Hole 6, 172 yds, par 3 ANOTHER fine iron shot came to rest level with the flag, 25 feet to the right.
The YDS modules are designed to develop a positive mind set among the youth participants.
IMPROVER/INTERMEDIATE 1 Scoots Zola (Gareth Price) 10 yds; 2 Ceiron Duchess (Dylan LloydJones); 3 Epynt Adam(David Bevan) 10 yds.
E-lines dig: ~ 150 yds - Nachplanie of covering surfaces: ~ 1 670 m2
Stan Harrison Memorial Open Handicap Final 1 Scoots Melody (Kieran Sheehey) 10 yds 2 Hotspur (Adam Russell (Ire)) 30 yds 3 Quality Time (Jason Podmore).
The region's top-rated QB, Kyle Matter (173 of 258 passing for 2,701 yds.