What does velocity of money mean?

Definitions for velocity of money
ve·loc·i·ty of mon·ey

This dictionary definitions page includes all the possible meanings, example usage and translations of the word velocity of money.

Wikipedia

  1. Velocity of money

    The velocity of money (or the velocity of circulation of money) is a measure of the number of times that the average unit of currency is used to purchase goods and services within a given time period. The concept relates the size of economic activity to a given money supply and the speed of money exchange is one of the variables that determine inflation. The measure of the velocity of money is usually the ratio of gross national product (GNP) to a country's money supply. If the velocity of money is increasing, then transactions are occurring between individuals more frequently. The velocity of money changes over time and is influenced by a variety of factors.

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Numerology

  1. Chaldean Numerology

    The numerical value of velocity of money in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of velocity of money in Pythagorean Numerology is: 6

Examples of velocity of money in a Sentence

  1. Prosecutor Creighton Waters:

    The evidence that you’ve heard shows that the defendant became so addicted and so dependent on the velocity of money that the millions of dollars in legal fees that he was receiving was not enough and so he started to steal. He stole by billing personal expenses to the firm ; he stole by stealing from his own family.


Translations for velocity of money

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"velocity of money." Definitions.net. STANDS4 LLC, 2024. Web. 18 Apr. 2024. <https://www.definitions.net/definition/velocity+of+money>.

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