vega

noun — 3 senses

vega

nounalso spelled Vega

/ˈveɪɡə/

Etymology From Spanish vega.

1

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.

Derived terms
vega convexity
Hypernyms
Greeks

Vega

noun

/ˈviːɡə/

Etymology Borrowed from Spanish vega (“meadow, fertile lowland”).

1

Historical An automobile that was manufactured by Chevrolet Motor Division of General Motors Corporation from 1970 to 1977.

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — authors: page histories for vega and Vega.