Velocity

(redirected from velocities)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.
Related to velocities: seismic velocities

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 ?
A total of four supply airflow rates ranging from 200, 400, 600, and 800 cfm (94.4, 188.8, 283.2, and 377.6 lps) corresponding to the discharge velocities of 25, 50, 75, and 100 fpm (0.13, 0.25, 0.38, and 0.51 m/s), respectively were analyzed for both isothermal and non-isothermal cases.
Komar, "Measurements and analysis of settling velocities of natural quartz sand grains," Journal of Sedimentary Research, vol.
Prescriptions range widely for required face velocities, however, it has been proven that faster is not necessarily safer.
Fukashiro S, and Miyashita M, 1983, 'An Estimation of the Velocities of Three Take-off Phases in 18-M Triple Jump.' Medicine and science in sports and exercise 15: 309-12.
In addition to the mean differences, a 95 percent confidence interval was obtained to show that the data demonstrate there was a 95 percent chance the upper and lower velocities would fall between the listed data in Table 2.
Figure 1 shows a scatter diagram of estimated velocities for 4-PRT technique using PTDM, when CSR = 20 dB.
Velocities of layer in the model are respectively 2500m/s, 2700m/s, 2900m/s, 3000m/s, 3100m/s, 3300m/s and 3500m/s from up to down.
The rest of the parts, as you go to slower velocities (longer fill times), should trend shorter or smaller.
The experiment was set in a randomized block design, in a 2 x 3 factorial scheme, which consisted of two theoretical velocities (4.8 and 6.8 km [h.sup.-1]) and three plow shank depths (0.05, 0.10 and 0.15 m), with 4 replicates.
Because the living tree is subjected to loads from the weight of the stem and crown and the log is free of charge, their velocities are expected to be different.
Energy consumption difference [DELTA][Q.sub.i] at the ith point for the various velocities can be found from the Eq.