  Inelastic neutron scattering is used to characterize spin fluctuations in the
$d$-electron heavy fermion spinel $\rm LiV_2O_4$. The spin relaxation rate,
$\Gamma_Q$, for $Q=0.6$ \AA$^{-1}$ is 1.5(1) meV at low temperatures and
increases linearly with temperature at a rate of 0.41(4) k$_B$. There is
antiferromagnetic short range order at low temperatures with a characteristic
wave vector $Q_c= 0.64(2)$ \AA$^{-1}$ and a correlation length of 6(1) \AA .
Warming shifts intensity towards lower $Q$ so that magnetic scattering
decreases monotonically with $Q>0.3$ \AA$^{-1}$ for $T>40$ K. The data are
compared with conventional heavy fermion systems, geometrically frustrated
insulating magnets, and recent theories for $\rm LiV_2O_4$.
