The type of energy that a moving object possesses is termed kinetic energy. Kinetic energy is directly related to the mass of the object and the square of its velocity, represented mathematically as KE = 1/2 mv², where m is mass and v is velocity. Objects in motion—whether rolling, flying, or flowing—store kinetic energy, which can be transferred or transformed into other forms of energy. This concept is essential in the study of physics and various practical applications.