This review paper delves into the fundamental principles, measurement techniques, and diverse applications of ultrasonic velocity and density. Ultrasonic velocity serves as a crucial parameter in various fields such as materials science, acoustics, and medical diagnostics whereas density is used for identifying substances, quality control, analyzing mixtures, assessing purity, explaining buoyancy, determining concentrations, calibrating instruments, monitoring pollution, and understanding reactivity. This paper provides an in-depth exploration of the underlying concepts, different measurement methods, and the wide-ranging applications of ultrasonic velocity and density. The ultrasonic velocity and density data have also been used to evaluate various acoustic parameters such as isentropic compressibility, apparent isentropic molar compressibility, solvation number of the solute and relative association. Ultrasonic velocity measurements are found to be useful for on-line assessment of the extent of degradation of mechanical properties associated with precipitation of intermetallics. Keywords: Density, Ultrasonic velocityThis review paper delves into the fundamental principles, measurement techniques, and diverse applications of ultrasonic velocity and density. Ultrasonic velocity serves as a crucial parameter in various fields such as materials science, acoustics, and medical diagnostics whereas density is used for identifying substances, quality control, analyzing mixtures, assessing purity, explaining buoyancy, determining concentrations, calibrating instruments, monitoring pollution, and understanding reactivity. This paper provides an in-depth exploration of the underlying concepts, different measurement methods, and the wide-ranging applications of ultrasonic velocity and density. The ultrasonic velocity and density data have also been used to evaluate various acoustic parameters such as isentropic compressibility, apparent isentropic molar compressibility, solvation number of the solute and relative association. Ultrasonic velocity measurements are found to be useful for on-line assessment of the extent of degradation of mechanical properties associated with precipitation of intermetallics. Keywords: Density, Ultrasonic velocity