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    Velocity of Money, Debtor in Possession and Water Hammer

    Today's Finance Jargon
    Velocity of Money
    The velocity of money measures the rate at which money goes from one transaction to another in an economy – in simple terms, it’s how often and how quickly a rupee changes hands. 
    Usually, if money circulates through an economy at faster speeds, the economy is seeing more transactions and is probably healthier than an economy with a slower velocity of money. A faster velocity also means businesses are further along in the business cycle, which leads to price increases and a higher rate of inflation.

    Today's Law Jargon
    Debtor in Possession
    n. in bankruptcy proceedings when a debtor has filed for the right to submit a plan for reorganization or refinancing under Chapter 11, and the debtor is allowed to continue to manage his/her/its business without an appointed trustee, that debtor is called a "debtor in possession."

    Today's Engineering Jargon
    Water Hammer
    Water hammer (or, more generally, fluid hammer) is a pressure surge or wave caused when a fluid (usually a liquid but sometimes also a gas) in motion is forced to stop or change direction suddenly (momentum change).

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