2 ms·Frequency is a better term. The dimensions are 1/Time.by HPsquared 4y agoFrequency is a better term. The dimensions are 1/Time.aqme28 4y agoIf you define distance (wrt money) as the number of people it’s passed through, then it has the appropriate units.HPsquared 4y agoI prefer to think of it as the reciprocal of "residence time", that is how long the money spends at rest in a given account (on average).