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velocity of circulation

British  

noun

  1. 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

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

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In order to accomplish this result, it is necessary to maintain the high velocity of circulation.

From Seasoning of Wood by Wagner, J. B. (Joseph Bernard)

In words: the total circulation of money in the sense of money expended is equal to the total money in circulation multiplied by its velocity of circulation or turnover.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

Likewise, it will be undisturbed if the quantity of money is doubled and the quantity of goods is doubled, while the velocity of circulation remains the same.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

This velocity of circulation for an entire community is a sort of average of the rates of turnover of money for different persons.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

We come back to the conclusion that the velocity of circulation either of money or deposits is independent of the quantity of money or of deposits.

From Readings in Money and Banking Selected and Adapted by Phillips, Chester Arthur

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