Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Yard

What it is:

In the finance world, yard is slang for one billion. The term comes from the French word milliard, which means one billion.

How it works (Example):

For example, if the United States were to buy 200 new fighter jets for the military, it might spend a yard on them.

Why it Matters:

Like any other industry, the finance world has its own slang and colorful language.