vega
vega Lexical Profile
vega Game Scores & Validity
• noun
(capitalized as Vega) The brightest star in the northern constellation of Lyra and the fifth-brightest star in the night sky, forming one vertex of the Summer Triangle.
"During midsummer evenings, the brilliant blue-white light of Vega shines nearly directly overhead in the northern hemisphere."
An open, fertile, and often moist lowland, meadow, or plain, especially in Spain, Hispanic America, or the southwestern United States.
"Farmers in the region cultivate tobacco and vegetables across the fertile vega bordering the river."
In financial derivatives trading, a measure of an option's sensitivity to changes in the implied volatility of the underlying asset.
"The trader hedged the portfolio's vega to protect against a sudden drop in market volatility."
• Rhymes for vega
Word Origin & Etymology
The geographical sense is borrowed from Spanish vega ('meadow, plain'), of pre-Roman Iberian origin. The astronomical proper noun Vega derives from Medieval Latin, from the Arabic phrase al-nasr al-wāqi' meaning 'the swooping eagle'.