lambda
noun
Simple meaning
The percentage change in an option value divided by the percentage change in the underlying asset's price.
Pronunciation
Say it like this:
lamduhSay the bold part a little louder.
IPA pronunciation (US)
ˈlæmdə
This word is pronounced essentially the same in American and British English, so one transcription covers both.
IPA (International Phonetic Alphabet) is a standard way of writing speech sounds.
Definition
Everyday modern meanings first, grouped by part of speech.
noun
finance
The percentage change in an option value divided by the percentage change in the underlying asset's price.
The eleventh letter of the Classical and Modern Greek alphabet, the twelfth of the Old Greek alphabet.
physicsmathematics
Unit representation of wavelength.
Word Aura™
How this word commonly comes across.
Aura for this meaning
This meaning: The percentage change in an option value divided by the percentage change in the underlying asset's price.
Used this way, lambda is a specialist word that usually carries little praise or criticism of its own. This is a financial use: it has a settled meaning in accounting and business, where precision matters more than colour.
- Emotional tone
- Neutral
- Formality
- Specialist/technical
- Intensity
- Not strongly marked
- How common
- Specialized
- Connotation
- Clinical and technical
- Usage feel
- Technical and specialized
Where it naturally appears
- Finance/economics
- Business/professional
Usage note
In general conversation this sense usually needs explaining — outside its field, people reach for a plainer word.
Word Aura describes common impressions, not a measurement. Tone changes with sentence, speaker, relationship and situation.
Share your sentence
Use This Word
See how this word sounds in a real sentence.
Ask Vocabaura
Understand the word your way.
What Does It Mean Here?
Words can change meaning depending on context.
Use it yourself
Knowing “lambda” starts when you use it. Pick a next step, all free.
Dictionary data from Wiktionary via the Free Dictionary API. Simple meanings, combinations and word intelligence are built from verified reference data, no AI is used to load this page.