name, noun ·Uncommon ·Advanced level

Definitions

Noun

1. 1
   Any of several automobiles of the same brand manufactured by GAZ in the Soviet Union and Russia.
2. 2
   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. uncountable

Proper Noun

1. 1
   A river in Russia, the longest river in Europe, flowing 2,325 miles through western Russia to the Caspian Sea.

Synonyms

All synonyms

dvegadvoldvegadvolvega convexityvolga rivervomma

Example

More examples

"Where the Volga curves, a steep bank can be seen."

Etymology

Etymology 1

From Russian Во́лга (Vólga).

Etymology 2

Blend of volatility + gamma.

Related phrases

Volga Federal DistrictVolga pikeperchVolga zandercross volgacaspian seasecond order

Data sourced from Wiktionary, WordNet, CMU, and other open linguistic databases. Updated March 2026.