What does the term velocity mean in the context of agile?

Often common terms can have different meanings depending on their context. Typically, velocity means speed. However, in the context of agile, it has a completely different meaning. The interviewer will ask you a question like this to confirm that you know the terms used within the agile scrum development process and are familiar with their meanings. If you're unfamiliar with the term or don't know its meaning, admit this, and then describe to the interviewer how you would go about locating the information.