velocity of money

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.

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Universalium. 2010.

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  • velocity of money — Econ. 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 …   Useful english dictionary

  • velocity of money — /vəˌlɒsɪti əv mʌni/ noun the rate at which money circulates in the economy, usually calculated as the GNP shown as a percentage of the stock of money supply …   Dictionary of banking and finance

  • velocity of money circulation — the quickness of the turnover of money, economic equation which teaches us about the swiftness of transferring funds from one factor in the market to another (Economics) …   English contemporary dictionary

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  • money — moneyless, adj. /mun ee/, n., pl. moneys, monies, adj. n. 1. any circulating medium of exchange, including coins, paper money, and demand deposits. 2. See paper money. 3. gold, silver, or other metal in pieces of convenient form stamped by public …   Universalium

  • velocity — noun (plural ties) Etymology: Middle French velocité, from Latin velocitat , velocitas, from veloc , velox quick; probably akin to Latin vegēre to enliven more at wake Date: 15th century 1. a. quickness of motion ; speed < the velocity of sound > …   New Collegiate Dictionary

  • velocity of circulation — UK US noun [U] ECONOMICS ► the number of times that money passes from one person to another during a particular period of time: »A sharp drop in the velocity of circulation of money has been a common trend in most industrial countries …   Financial and business terms

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