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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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For the quantity theory, it is important to treat velocity of circulation of money and of deposits, as self-contained entities, really independent factors.

From The Value of Money by Anderson, Benjamin M.

The quotient of this sum divided by the amount of money in circulation will give approximately the velocity of circulation of money....

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

We note that the velocity of circulation has increased 50% in thirteen years and that it has been subject to great variation from year to year.

From The Value of Money by Anderson, Benjamin M.

The more densely populated a locality, the more rapid will be the velocity of circulation.

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

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

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