It is the velocity at which the sum of the drag force and buoyancy equals the downward force of gravity. At this moment the acceleration is zero and the speed becomes constant.
The downward force of gravity? I thought gravity was a pulling force from the centre of Earth and it gets stronger the closer you get?
For instance, let's assume near space as we are told. Ok, we are told it's a close vacuum and we are also told that gravity is weaker at that altitude, then gets stronger. So I'm a little bit puzzled by this bit.
Here's the problem I'm having, see if you can make sense of it.
We now know that 1 minute of falling at 9.8m/s/s equates to approximately 1315 mph.
What i'd like to know, is why doesn't this apply to Felix?

Now as you can see from this Baumgartner space jump, he is exactly 1 minute into his free fall in a near vacuum, falling with the gravity we are told about, in which he should be falling at approximately 1315 mph going by the 9.8m/s/s we are told about.
Something is clearly wrong with this as we can see that he is 586mph short of this speed and is only doing 729 mph.
Can you explain this?