Relativistic speed
Relativistic speed refers to speed at which relativistic effects become significant to the desired accuracy of measurement of the phenomenon being observed. Relativistic effects are those discrepancies between values calculated by models considering and not considering relativity. Related words are velocity, rapidity, and celerity which is proper velocity. Speed is a scalar, being the magnitude of the velocity vector which in relativity is the four-velocity and in three-dimension Euclidean space a three-velocity. Speed is empirically measured as average speed, although current devices in common use can estimate speed over very small intervals and closely approximate instantaneous speed. Non-relativistic discrepancies include cosine error which occurs in speed detection devices when only one scalar component of the three-velocity is measured and the Doppler effect which may affect observations of wavelength and frequency.Relativistic effects are highly non-linear and for everyday purposes are insignificant because the Newtonian model closely approximates the relativity model. In special relativity the Lorentz factor is a measure of time dilation, length contraction and relativistic mass increase of a moving object.
Velocity
Velocity is a physical vector quantity; both magnitude and direction are needed to define it. The scalar absolute value (magnitude) of velocity is called , being a coherent derived unit whose quantity is measured in the SI (metric system) as metres per second (m/s) or as the SI base unit of (m⋅s). For example, "5 metres per second" is a scalar, whereas "5 metres per second east" is a vector. 
If there is a change in speed, direction or both, then the object has a changing velocity and is said to be undergoing an "acceleration".