If x(t) is the distance (in, say km) something has traveled in time t (hours), then x(t+ h) is the distance it has traveled in time t+ h hours, then x(t+ h)- x(t) is the distance traveled in that time h hours. So (x(t+h)- x(t))/h is the average speed in km/hour. Taking the limit as h goes to 0 (taking the average speed over shorter and shorter time intervals) gives the speed at a specific time.
However, as others have taking the derivative to be "speed" or "velocity" and the second derivative to be "acceleration" is an application of the derivative. Given a function f(x), df/dx is the rate of change of f. It is "velocity" only if f(x) is a position function that df/dx is the rate of change of position so "speed" or "velocity". If f is a function describing some other quantity, then df/dx is the rate of change of that quantity, not necessarily speed.