The cubic yard is a unit of volume derived from the imperial system of units. It uses the symbol yd³.
It equals the volume of a cube with edges that each measure 1 yard. It is equivalent to 27 ft³, 46656 in³ or ≈ 0.764554 m³.
The yard (and derivatives like the cubic yard for example) are the same in both the imperial systems and US customary systems so require less conversion systems to calculate / convert to SI or metric.
The board foot is a unit of volume derived from the imperial system of units with the symbol FBM.
1 board foot is equal to the volume of an object one foot in length, one foot wide and one inch thick. It is therefore equal to 1/12 ft³.
The board foot is the unit used to measure rough or planed lumber. For example 2 x 4 timber when planed actually only measures 1.5 in x 3.5 in. This takes into account the wastage when planing. The board feet measurement in this case would represent the wholesale amount. Where the loss in board feet (and planing) only applies to width and thickness, the actual length is used - as there is no loss when cutting lengths.