,| 1. | a common unit of linear measure in English-speaking countries, equal to 3 feet or 36 inches, and equivalent to 0.9144 meter. |
| 2. | Nautical. a long spar, supported more or less at its center, to which the head of a square sail, lateen sail, or lugsail is bent. |
| 3. | yard-of-ale. |
| 4. | Informal. a large quantity or extent. |
| 5. | Slang. one hundred or, usually, one thousand dollars. |
| 6. | the whole nine yards, Informal.
|

,| 1. | the ground that immediately adjoins or surrounds a house, public building, or other structure. |
| 2. | an enclosed area outdoors, often paved and surrounded by or adjacent to a building; court. |
| 3. | an outdoor enclosure designed for the exercise of students, inmates, etc.: a prison yard. |
| 4. | an outdoor space surrounded by a group of buildings, as on a college campus. |
| 5. | a pen or other enclosure for livestock. |
| 6. | an enclosure within which any work or business is carried on (often used in combination): navy yard; a brickyard. |
| 7. | an outside area used for storage, assembly, or the like. |
| 8. | Railroads. a system of parallel tracks, crossovers, switches, etc., where cars are switched and made up into trains and where cars, locomotives, and other rolling stock are kept when not in use or when awaiting repairs. |
| 9. | a piece of ground set aside for cultivation; garden; field. |
| 10. | the winter pasture or browsing ground of moose and deer. |
| 11. | the Yard, British. Scotland Yard (def. 2). |
| 12. | to put into, enclose, or store in a yard. |

yard 1 (yärd) n.
[Middle English yerde, stick, unit of measure, from Old English gerd.] |
yard
|
Yard
Slang for one billion units in currency.
Investopedia Commentary
The term also refers to "milliard," which is a European term for 1,000 million (a billion).
If a person wanted to buy one billion U.S. dollars, he or she might say, "I would like to buy a yard of U.S. dollars." By using the word "yard" in place of "billion," the person ensures that the counter-party will not misunderstand billion for "million" or "trillion."
Related Links
Forces Behind Exchange Rates
A Primer On The Forex Market
See also: Currency, Exchange Rate, Forex, Money, Repatriation