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 Glossary   >   Y   >   "Yard" Definition   

        Yard

Slang for one billion currency units. 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, Im a buyer of a yard of yen, than to say, Im a buyer of a billion yen, which could be misheard as, Im a buyer of a million yen.

Yard
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Yard \ Slang for one billion currency units. 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, Im a buyer of a yard of yen, than to say, Im a buyer of a billion yen, which could be misheard as, Im a buyer of a million yen.


Yard / slang for one billion currency units. 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, im a buyer of a yard of yen, than to say, im a buyer of a billion yen, which could be misheard as, im a buyer of a million yen.