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Definition kappa

Etymology 1

From Ancient Greek ????? (káppa).

Noun

kappa (plural kappas)

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

Etymology 2

From Japanese ?? (kappa, “water imp”).

Noun

kappa (plural kappas)

1. (mythology) A tortoise-like creature in the Japanese mythology.

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