ultima
Meaning
- (countable) The final syllable of a word.
- (uncountable) A third-order measure of derivative price sensitivity, expressed as the rate of change of vomma with respect to changes in the volatility of the underlying asset.
Synonyms
Pronounced as (IPA)
/ˈʌltɪmə/
Etymology
From the Latin feminine of ultimus (“last”).
Notes
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