noun🔗Share(Latin America) An open tract of ground; a plain, especially one which is moist and fertile, such as those used for growing tobacco."The farmer planted his tobacco seedlings in the rich soil of the vega, hoping for a bountiful harvest. "geographyagricultureenvironmentChat with AIVocabulary GamePractice Reading
noun🔗ShareA measurement of the sensitivity of the value of an option to changes in the implied volatility of the price of the underlying asset.""The trader worried about the upcoming earnings announcement because the option's vega was high, meaning its price would be greatly affected by any unexpected changes in stock price volatility." "financebusinessvalueChat with AIVocabulary GamePractice Reading