Latin America, Philippines An open tract of ground; a plain, especially one which is moist and fertile, such as those used for growing tobacco.
vega
noun
US /ˈveɪɡə/ · UK /ˈviːɡə/
Etymology An invented word perhaps chosen to begin with "v" (for "volatility") and to sound as if it could be a Greek letter (like the related parameters "delta", "gamma" etc.)
1
Business, Finance A measurement of the sensitivity of the value of an option to changes in the implied volatility of the price of the underlying asset.