volga meaning: definition, etymology

volga

nounalso spelled Volga

Etymology Blend of volatility + gamma.

Business, Finance A second-order measure of derivative price sensitivity, expressed as the rate of change of vega with respect to changes in the volatility of the underlying asset.

Synonyms: DvegaDvol, vega convexity, vomma
Derived terms: cross volga
Hypernyms: Greeks

Volga

noun

/ˈvoʊlɡə/ · /ˈvɒlɡə/

Etymology Borrowed from Russian Во́лга (Vólga).

Automotive, Transport, Vehicles Any of several automobiles of the same brand manufactured by GAZ in the Soviet Union and Russia.

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