Escape Velocity
Even though the gravitational force acts infinitely far, an object can escape the gravitational attraction. The minimum velocity needed for an object to escape from the gravitational influence of a massive body is called escape velocity. It can be calculated by applying conservation of energy and equating the total energy of the object at an initial distance
If the body moves with escape velocity but not directly away from the object, it will escape in a curved path (escape orbit) which is parabolic. Above that velocity, the path will be hyperbolic, below the object cannot escape the gravitational influence and will enter a bound orbit. As Newton derived from his law of universal gravitation, the possible trajectories can be described by conic sections.
Figure 1. Equations for derivations of escape velocity.