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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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Anything which makes it easier to pass money from one person to another will tend to increase the velocity of circulation.

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

"The value of money," he says, "as every student of economics knows, is determined by the quantity of money in use and its velocity of circulation."

From War-Time Financial Problems by Hartley Withers

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 Chester Arthur Phillips

This last concept of velocity of circulation is clearly the one that must be used, if the equation of exchange is to be kept straight.

From The Value of Money by Benjamin M. Anderson

We shall seek to ascertain the extent of variability in that highly elusive magnitude, "velocity of circulation," particularly "V´."

From The Value of Money by Benjamin M. Anderson

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