DEFINITION of 'Yard'

Yard is a financial term meaning one billion. Yard is derived from the term "milliard" which is used in some European languages and is equivalent to the number one billion used in American English. It is equal to 10y (10 to the ninth power), or the number one followed by nine zeros: 1,000,000,000. If someone were to purchase one billion U.S. dollars, he or she could refer to the purchase as "a yard of U.S. dollars."

BREAKING DOWN 'Yard'

The slang term yard refers to one billion and may offer a concise method of naming the figure which cannot be confused with the rhyming "million" and "trillion." Different terminology is used throughout the world for identifying large numbers. For example, one billion can be called one yard, one milliard, or one thousand million, depending on the country.

RELATED TERMS
  1. Sale

    1) In general, a transaction between two parties where the buyer ...
  2. European Terms

    European terms is a foreign exchange quotation convention where ...
  3. Long Term

    Long term refers to holding an asset for an extended period of ...
  4. Dead Money

    Dead money is a slang term for money invested in a security with ...
  5. Held

    Held is a reference to a long position in a security or a situation ...
  6. Red

    Red, in business, is a negative balance on a company's financial ...
Related Articles
  1. Managing Wealth

    Amazing Yard Sale Finds

    Most people go yard saling in the hopes of saving money, but some have ended up making thousands of dollars in the process.
  2. Investing

    5 Landscaping Tips that Won’t Break the Bank

    Are you considering selling your home this summer? Then you should get your landscape in shape. Here are five secrets to creating beautiful landscapes without breaking the bank.
  3. Managing Wealth

    5 Common Landscaping Mistakes That Can Cost You Big

    Many people take pride in their yards and lawns. However, the costs can quickly add up. Here are some mistakes people make and tips to help you cut costs.
  4. Personal Finance

    When Money Is Tight, An Emergency Fund Can Save The Day

    Having an emergency fund to fall back on is essential. Don't have one? Don't worry. We give you some tips to start one.
  5. Investing

    Quick Cash: 7 Smart (Legal) Ways to Get It

    You suddenly need money for an unexpected expense. What are the most effective, least financially damaging ways to get it?
  6. Investing

    9 Cost-Effective Interior Design Tips

    With these 9 tips and a little enterprising DIY spirit, you can make interior design cost-effective and even transformative.
  7. Investing

    5 Ways to Create a Bidding War This Spring

    Sellers hoping to get multiple bids need more than a great location. It's going to require the right priced home and lots of interior and exterior appeal.
  8. Retirement

    Need Retirement Income? Sell Your House!

    Discover 10 tips for making a quick sale and a healthy profit.
  9. Taxes

    7 Expenses You Won't Believe Are Deductible

    Many taxpayers would be surprised to discover some of the things that qualify as legitimate deductions.
  10. Small Business

    How Summer Businesses Survive

    Seasonal businesses face particular challenges. Find out how they survive through the cold months.
RELATED FAQS
  1. Do minimum wage laws make labor a fixed or variable cost?

    Find out why labor is a classified as a semi-variable cost by the minimum wage laws; labor has elements of both fixed costs ... Read Answer >>
  2. Can mutual funds outperform savings accounts?

    Learn why moving money from savings accounts to mutual funds may be one of the wisest financial decisions you ever make, ... Read Answer >>
Hot Definitions
  1. Discount Rate

    Discount rate is the interest rate charged to commercial banks and other depository institutions for loans received from ...
  2. Economies of Scale

    Economies of scale refer to reduced costs per unit that arise from increased total output of a product. For example, a larger ...
  3. Quick Ratio

    The quick ratio measures a company’s ability to meet its short-term obligations with its most liquid assets.
  4. Leverage

    Leverage results from using borrowed capital as a source of funding when investing to expand the firm's asset base and generate ...
  5. Financial Risk

    Financial risk is the possibility that shareholders will lose money when investing in a company if its cash flow fails to ...
  6. Enterprise Value (EV)

    Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market ...
Trading Center