It is not a word in the Spanish language, but Latin. In Latin it means velvety, velvety. It is a genus of marine molluscs ( 41 snails; Also is the addition of several scientific names like for example Vespa velutina, which is the scientific name of the Asian Hornet and Erythrina velutina which is the tree of mulungu, balu or chachafruto. Old fabric like velvet or silk.