volga
/ˈvoʊlɡə/ noun, proper noun
Forms the Volga Volgas
- noun (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.
- proper noun A river in Russia, the longest river in Europe, flowing 2,325 miles through western Russia to the Caspian Sea.
- noun (automotive) Any of several automobiles of the same brand manufactured by GAZ in the Soviet Union and Russia.
Synonyms
Etymology
Blend of volatility + gamma.
Borrowed from Russian Во́лга (Vólga).
Sources: Wiktionary · WordNet 3.0 — from the Wiktionary entry “volga”, CC BY-SA 4.0. Details