kappa
/ˈkæpə/
Word Rarity
Rare
Frequency: 3.46 in modern English
13
Scrabble Score
5
Letters
2
Syllables
3
Unique Chars
Meaning
noun
A measurement of the sensitivity of the value of an option to changes in the implied volatility of the price of the underlying asset.
Countable; Uncountable
noun
A tortoise-like demon or imp.
Example Sentences
Etymology
Learned borrowing from Ancient Greek κάππα (káppa), ultimately from Proto-Semitic *kapp- (“palm, hand”). Doublet of kaph.