Meaning YARD: 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."
More terms such as Yard in Dictionary Y.
- Definition Yield To Maturity:
- Examples of return paid on a bond, note, or other fixed income security if the investor buys and holds it to its maturity date. The calculation for YTM is based on the coupon rate, length of time to maturity yard definition.
- Definition Yield Burning:
- Examples financing method. Underwriters in advance refundings add large markups on U.S. Treasury bonds bought and held in escrow to compensate investors while waiting for repayment of old bonds after issuance yard explain.
- Definition Yield Spread:
- Examples The difference in yield between different security issues usually securities of different credit quality yard what is.
- Definition Yield Curve Option-Pricing Models:
- Examples Models that can incorporate different volatility assumptions along the yield curve, such as the Black-Derman-Toy model. Also called arbitrage-free option-pricing models yard meaning.
- Definition Yield Spread Strategies:
- Examples Investments that position a portfolio to capitalize on expected changes in yield spreads between sectors of the bond market yard abbreviation.
