From Longman Business Dictionary
velocityve·lo·ci·ty /vəˈlɒsətivəˈlɑː-/ noun [uncountableU] ECONOMICS the number of times a particular unit of money is spent over a period of time. A country’s GDP is the total amount of money available and its velocityUnless there is a sharprise in velocity, a more inflationary monetary policy would be appropriate.