velocity of money
- 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.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
velocity of circulation
- 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