Vega Definition

vēgə, vā-

noun

The brightest star in the constellation Lyra: magnitude, 0.03

Webster's New World

(finance) A measurement of the sensitivity of the value of an option to changes in the implied volatility of the price of the underlying product.

Wiktionary

Synonyms:

pronoun

(astronomy) The brightest star in the constellation Lyra; Alpha (α) Lyrae. It forms one corner of the Summer Triangle.

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Wiktionary

An automobile that was manufactured by Chevrolet Motor Division of General Motors Corporation from 1970 to 1977.

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Other Word Forms of Vega

Singular:

Vega

Plural:

From Medieval Latin, from Arabic واقع (wāqi"˜, falling), from the expression النسر الواقع (an-nasr al-wāqi"˜, falling eagle). The active participle واقع derives from the verb وقع (wáqa"˜a, to fall, drop, tumble, alight, pounce).

From Wiktionary
Medieval Latin from Arabic (an-nasr) al-wāqi‘ the falling (eagle), Vega al- the wāqi‘ falling active participle of waqa‘a to fall wqʕ in Semitic roots

From American Heritage Dictionary of the English Language, 5th Edition
Perhaps chosen arbitrarily as a word beginning with "v" (for "volatility") that sounds as if it could be a Greek letter (like the related risk parameters "delta", "gamma" etc.)

From Wiktionary
From Spanish vega (“meadow, fertile lowland"), which see for more information.

From Wiktionary