noun
crematory; crematorium
Specifically a facility for cremating bodies. The cross-reference 火葬場 is a more formal term.
See also: 火葬場
祖父の遺体は市の焼き場で火葬された。
My grandfather's body was cremated at the city crematory.
noun
burning site; place for burning things
General location where things are burned, such as a trash incineration site or a bonfire area. Not limited to cremation.
村の外れにゴミの焼き場がある。
There is a trash burning site on the outskirts of the village.
火葬場 is the formal term for a crematorium, while 焼き場 is a more colloquial or general word that can also refer to other burning sites.
Compound of 焼き (yaki, 'burning', the continuative form of 焼く) and 場 (ba, 'place').