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 classic literature ?
On the way, Arthur elicited from his new friend a confused summary of the interior life of Bleeding Heart Yard.
Then you see, some people as was better off said, and a good many such people lived pretty close up to the mark themselves if not beyond it so he'd heerd, that they was 'improvident' (that was the favourite word) down the Yard.
With all my heart," said the barber; and not caring to tire himself with reading more books of chivalry, he told the housekeeper to take all the big ones and throw them into the yard.
As for that of the Salamancan," replied the curate, "let it go to swell the number of the condemned in the yard, and let Gil Polo's be preserved as if it came from Apollo himself: but get on, gossip, and make haste, for it is growing late.
replied Nikita, and running quickly with his inturned toes in his felt boots with their soles patched with felt, he hurried across the yard and into the workmen's hut.
Interval 2: Run from the goal line to the opposite 10 yard line (90 yards) and back (90 yards), a total of 180 yards.
He drops about six yards ("Roll Drop") and on his last step (taken with his back, or plant, foot) he steps to the side he has chosen to throw to.
4 At 5 yards, plant outside foot and break hard to post.