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lambda Definition

lambda (lam′də)

noun

  1. the eleventh letter of the Greek alphabet (Λ, λ)
  2. Particle Physics an uncharged hyperon with a mass of c. 1,115.68 MeV/c, which is c. 2,183 times the mass of an electron: it decays very rapidly, usually into a nucleon and a pion

Etymology: Gr < Sem, as in Heb lāmedh, lamed

lambda Finance Definition

The ratio of the percentage change in an option’s price to the percentage change in an underlying price. Lambda measures the change in option premiums for a percentage point change in the option’s implied volatility. If lambda is high, the value of an option is very sensitive to even small changes in volatility. A low lambda means that volatility changes have little impact on the value of an option.

lambda Telecom Definition

( ) The Greek letter used by physicists to denote wavelength. See wavelength.

lambda Usage Examples

Converse of object

  • change: It contains an interactive Java applet showing the effects of changing lambda, distance and theta values, which can be altered.
  • use: In conclusion, it is necessary to take great care in using lambda.
  • space: For the two isotropes spaced lambda apart, the path difference is lambda/2 for a direction at 30 degrees to the azimuth plane.
  • have: Each antibody molecule has either lambda or kappa light chains, not both.

Adjective modifier

  • Greek: The parameter is usually denoted by l the Greek letter lambda.
  • free: The wavelength associated with the vector resultant of these three orthogonal propagation constants is just the free space wavelength lambda.

Modifies a noun

  • parsubi: More suitable for lambda sub parsubi of family income measures for each.
  • calculus: The theory is a strictly smaller theory than the lambda calculus.
  • subc: Still this year lambda subc gamma not fully eligible the provider's claims.
  • mh: However are not lambda sub mh quot working paper no to markets that.
  • sub: For cost savings lambda sub yr across areas may are allowed under.
  • Yr: For cost savings lambda sub yr across areas may are allowed under.

Noun used with modifier

  • parsubi: Effect of prwora sub parsubi lambda plan an independent.
  • bacteriophage: Sources include bacteriophage lambda, salmon sperm and even cloned human DNA.
  • phage: With the types of DNA used in the kits designed for schools e.g. , plant and phage lambda the risks are insignificant.
  • omega: Define omega matter and omega lambda, to be the density and lambda, divided by the critical value.
  • wavelength: The spacing of these fringes is calculated from the wavelength lambda of the light.
  • sub: Effect of prwora sub parsubi lambda plan an independent.