Written By:
Paul Tracy
Updated October 8, 2020

What is a Yard?

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

How Does a Yard Work?

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

Why Does a Yard Matter?

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