Definition, Meaning & Synonyms
gamma
noun
/ˈɡæmə/
Definition
Gamma is the third letter of the Greek alphabet, commonly used in various fields such as science and mathematics.
Examples
- The gamma of this stock option has increased due to market volatility.
- Gamma rays are a form of radiation used in cancer treatment.
- In Greek, gamma corresponds to the letter G in the Roman alphabet.
Meaning
In physics, gamma often refers to gamma rays, which are high-energy electromagnetic waves. In finance, it can denote the rate of change of an option’s delta in relation to the price of the underlying asset.
Synonyms
- third letter
- gamma rays
- symbol γ
