These are two notions of physics. The speed describes how fast an object is moving. So a fast-moving object has a high speed and covers a relatively large distance in a short amount of time. Contrast this to a slow-moving object that has a low speed; it covers a relatively small amount of distance in the same amount of time. An object with no movement at all has a zero speed. On the other hand, the velocity is just the speed with a direction meaning that it describes the rate at which an object changes its position. Imagine a person moving rapidly (fast speed) - one step forward and one step back - always returning to the original starting position. While this might result in a frenzy of activity, it would result in a zero velocity. Because the person always returns to the original position, the motion would never result in a change in position. Since velocity is defined as the rate at which the position changes, this motion results in zero velocity.