Velocity

Velocity is the speed with which money circulates through the economy, calculated as the nominal GDP divided by a measure of the size of the money supply.

Definitions

According to Principles of Economics by Timothy Taylor (3rd edition),

Velocity. The speed with which money circulates through the economy, calculated as the nominal GDP divided by a measure of the size of the money supply.

According to the Agile Extension to the BABOK Guide (preview),

Velocity. See Team Velocity.