Origin of kappaClassical Greek ; from Sem, as in Classical Hebrew (language) kaph
Origin of kappaGreek, of Phoenician origin; see kpp1 in Semitic roots.
- The tenth letter of the Greek alphabet.
From Ancient Greek κάππα (kappa).
- (mythology) A tortoise-like creature in the Japanese mythology.
From Japanese 河童 (kappa, “water imp”).
kappa - Investment & Finance Definition
A measurement of the effect of volatility on an option’s price. Kappa is a value that is the change in the price of option that likely will result if the underlying investment has a 1 percent change.