Here's what it means:
* A four-year period between Olympic Games. The term "Olympiad" is often used to describe a specific four-year period, like "the 2020 Olympiad."
* A competition in a specific field of study. The term "Olympiad" is also used for competitions in various subjects like mathematics, science, or computer programming. These competitions often involve challenging problems and are meant to promote academic excellence.
It's important to note:
* The word "olypiad" is not a common word. You're more likely to see "Olympiad" used in the context of the Olympic Games.
* If you're referring to an academic competition, you'll likely see the term "Olympiad" spelled with an "i" instead of a "y."
If you can provide more context about what you're looking for, I can give you a more precise answer.