What does the term "Speed" mean in a speaker?


I often hear people say "That speaker has great speed". What do they mean? I know the music isn't playing at a different pitch. Could it possibly be related to efficiency?
koestner
I personally believe that the speed of bass tends to be slower than the highs because it can take longer for the waves to start energising the air due to their longer wavelengths. YMMV
"You can’t be serious."
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Don’t get out much? Sorry, couldn’t resist.

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Oh my, are you one of these? If not, refer back to above.
1. Stop wasting people time.
2. Stop making dumb post.
3. Maybe you should get out ... of here lols.  
Erik, yes speakers interact with the room but that has nothing to do with the transient response on the speaker.
Mike, unfortunately regular dynamic drivers are a poor impedance match to air. They have to work much harder to get the job done. ESLs and Horns do not have this problem to near the degree.
ESLs and horns are generally described as being very detailed. They also have better transient response, association or causation. I would say the later. Yes, a speaker with a lighter moving system could have better transient response assuming the motor was designed correctly. 
Andy, resolution and transient response are very closely related. By dynamic I do not mean loud. I mean snap.
Andy, all I am saying is that the more revealing a speaker is the more sensitive it is to defects up stream such as a miss tracking cartridge or distorting amplifier. ESLs, ribbons and horns are frequently blamed for problems elsewhere in the system. Not that some very good dynamic speakers might get caught up in this.  
resolution and transient response are very closely related. By dynamic I do not mean loud. I mean snap.

Yes, but they may not be one to one exact. A high end paper driver may have more resolution and a low end aluminum driver may have more transient but the aluminum driver may not have the resolution of the paper driver.

Snap could mean a lot of thing. A speaker may have a lot of snap but it does not mean it has a lot of resolution. I can fine tune my speaker to have tighter bass and extra energy in the higher frequency to give it more snap but it may not have more resolution.