velocity of circulation
- 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
Example Sentences Including 'velocity of circulation'
His observations that the velocity of circulation varies and that credit is the main feature of the monetary system were very important.
Reappraising J. A. Hobson - humanism and welfare
to comment on this word.