kappa

Meaning

1. The tenth letter of the Greek alphabet.
2. A measurement of the sensitivity of the value of an option to changes in the implied volatility of the price of the underlying asset.

Synonyms

cornice

imp

👿

pluvial

raincoat

valance

kaph

κ

kappa coefficient

Pronounced as (IPA)

/ˈkæpə/

Etymology

Learned borrowing from Ancient Greek κάππα (káppa), ultimately from Proto-Semitic *kapp- (“palm, hand”). Doublet of kaph.