What's the difference between velocity and velocity in physics?

What's the difference between velocity and velocity in physics?

Velocity has no direction but only size. It is the ratio of the distance △ s that a moving object passes through and the time △ t that it takes to pass through
The velocity has both magnitude and direction. It is the ratio of the displacement △ s that the moving object passes through and the time △ t that it takes to pass this distance