Average velocity vs instantaneous velocity
Average velocity equals total displacement divided by total time: v_avg = Δx/Δt. A car traveling 120 miles north in 2 hours has an average velocity of 60 mph north, regardless of speed variations during the trip.
Instantaneous velocity is the velocity at a specific moment — what your speedometer reads. For constant velocity motion, average and instantaneous values are identical. For accelerating objects, instantaneous velocity changes continuously.
In free fall near Earth's surface, velocity increases by 9.8 m/s (32.2 ft/s) every second: after 1s it is 9.8 m/s, after 2s it is 19.6 m/s, after 3s it is 29.4 m/s (about 66 mph, ignoring air resistance).
The distinction matters in physics problems — using average velocity for uniformly accelerated motion gives v_avg = (v₀ + v_f)/2.