Volga
/ˈvoʊlɡə/ name, noun
name, noun ·Rare ·Advanced level
Definitions
Noun
- 1 Any of several automobiles of the same brand manufactured by GAZ in the Soviet Union and Russia.
- 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 A river in Russia, the longest river in Europe, flowing 2,325 miles through western Russia to the Caspian Sea.
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.