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 ?
The global ultrasonic pulse velocity tester market is highly driven by the high adoption of ultrasonic technology in construction and materials testing applications.
Chasing a score of 143 against Harmanpreet Kaur's led-Supernovas, Velocity was clearly seen chasing the spot in the finals.
Lester will manage innovation and sales strategy for Velocity Outdoor's archery brands, Ravin Crossbows and CenterPoint Archery, ensuring continued leadership of the crossbow market.
Through the Velocity Partnership Program, country's top incubators, accelerators, investors and co-working places can partner with Velocity and gain access to a comprehensive suite of services and tools that can prove pivotal to the growth and sustainability of their startups.NIC Peshawar, NIC Karachi, Plan X, Plan9, NSPIRE, 10xC, GIKI and Daftarkhwan and have already joined the Velocity Partnership Program with their startups gaining access to the Velocity Suite.
This new software module extends its Velocity software to interventional radiologists for use in targeted cancer therapy delivery to patients with liver malignancies.
Velocity believes in solving business problems with cutting-edge digital technology and the Velocity-Mendix partnership will enable the company to offer superior user-centric solutions to its current and future clients.
Computational results are presented in terms of normalized velocities which are obtained by dividing the local velocity values by the respective discharge velocities in each case.
McKeogh and Kiely [4] studied velocity distribution in meandering compound channels and stated that the maximum velocity in main channel, whether above or below the bank level, is closer towards the inner bend.
Team Velocity Marketing, a data-driven marketing agency serving the automotive industry, has been chosen as the new Tier 3 advertising agency of record for Bentley Motors Inc.
The face velocity is related to the amount of air being pulled through the fume hood.
The official distance, actual distance, distance lost at take-off, hop distance, step distance, jump distance, hop percentage, jump percentage and step percentage, step length and velocity variables, contact time variables were measured and calculated.
The kinetic chain starts from the ground up, so it makes sense to examine that chain from its origin even if at first glance it is unclear how stride length impacts ground reaction forces, joint biomechanics, momentum transfer, and pitched ball velocity.