See Also: Tight money or dear money(finance)
YARD(finance)
yard(2)(dictionary)
yard(3)(dictionary)
yard(4)(dictionary)
yard-arm(dictionary)
yard(dictionary)
YARD(law)
yard(encyclopedia)
Yard, the(dictionary)

Yard (money)


Definition: [crh] 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 Definition: 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."