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Yard > define

by Webster's Revised Unabridged Dictionary

noun

  • A unit of length equal to 3 feet; defined as 91. 44 centimeters; originally taken to be the average length of a stride.
  • The enclosed land around a house or other building.
    • usage: "it was a small house with almost no yard"
  • A tract of land enclosed for particular activities (sometimes paved and usually associated with buildings. )
    • usage: "they opened a repair yard on the edge of town"
  • The cardinal number that is the product of 10 and 100.
  • A unit of volume (as for sand or gravel.
  • A tract of land where logs are accumulated.
  • An area having a network of railway tracks and sidings for storage and maintenance of cars and engines.
  • A long horizontal spar tapered at the end and used to support and spread a square sail or lateen.
  • An enclosure for animals (as chicken or livestock. ).
by WordNet 3.0 © 2006 by Princeton University

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 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.".