Velocity

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Velocity

The number of times a dollar is spent, or turns over, in a specific period of time. Velocity affects the amount of economic activity generated by a given money supply.

Velocity of Money

The rate at which money changes hands. For example, assume an economy with $100 and two people in it. In a given year, if Person A charges Person B $50 for a widget, and Person B charges Person A $100 for a whatsit, then $150 worth of transaction has occurred even though there are only $100 in the economy. This means that, on average, one dollar is spent one and a half times in a year, expressed as a velocity of 1.5/year. Velocity of money is useful as a measure of how strong and/or liquid an economy is, and it is usually compared with some figure such as GDP or money supply.
References in periodicals archive ?
tau]] is the relative transverse velocity and d is the distance between the Sun and the Earth.
When transverse velocity of the center of mass is assigned negative values whenever the center of mass deviates to the left of the net axis of travel and positive values when to the right (as in Fig.
The study will improve knowledge of transverse velocity, develop improved velocity control and thereby significantly reduce landing risk and bring landing conditions within the capability of novel airbag systems.
Figure 6 shows the profiles of transverse velocity scaled in the same way as for the axial profiles.
To keep the LMC gravitationally bound to the Milky Way despite this transverse velocity, the team calculates, our galaxy must contain at least as much mass as 600 billion suns about five times as much mass as the visible galaxy,