Words / V / Business

velocity

noun

B2CEFR level
40/100Rarity: uncommon
TechnicalRegister

The average number of times a unit of money is spent on goods and services within a given period.

When confidence collapses, the velocity of money falls as households hoard rather than spend.

Topic: Economics in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Economics