Yard

Yard

Yard

Slang for one billion dollars. Used particularly in currency trading, e.g. for Japanese yen since on billion yen only 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.

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