velocity of money
noun Economics.
the frequency with which a single unit of currency or the total money supply turns over within the economy in a given year.
Also called
velocity of circulation.
Words nearby velocity of money
velocity,
velocity head,
velocity microphone,
velocity modulation,
velocity of circulation,
velocity of money,
velodrome,
velopharyngeal,
velopharyngeal insufficiency,
velour,
velouté
British Dictionary definitions for velocity of circulation
velocity of circulation
noun economics
the average number of times a unit of money is used in a given time, esp calculated as the ratio of the total money spent in that time to the total amount of money in circulation