The average rate of movement, for example the number of feet traveled in a certain number of seconds, or the number of miles traveled in a certain length of time.
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It is called a definition.
The definition of speed is the size/magnitude/measure of an object's velocity. Average speed = distance divided by time
Averaged speed = distance traveled during some time/time to cover the distance .
Average speed is an average value of speed over a given time. If your speed is constant (not changing), then your average speed will equal your speed at any given moment in time.
Distance divided by time has the dimensions of speed (magnitude of velocity). The (distance an object travels) divided by (the time it takes to travel that distance) is a definition for the object's average speed.