Theta
(noun)
A mathematical symbol used in trigonometry and calculus to represent an angle, or a value in a range from 0 to 2π.
Origin:
Derived from the greek letter 'θ', the term 'theta' was first used in mathematics and science in the 17th century to describe a specific angle or a mathematical value.
Examples:
- In trigonometry, theta is used to describe the angle of rotation in a circular function.
- Theta is also used to describe the rate of change of an option's price with respect to time.
- The theta value of a certain equation was calculated to be 0.5, indicating that the equation was slowly changing over time.
- The theta angle of the pendulum's swing was being constantly monitored in order to track its motion.
- The theta value of a stock option increased significantly, suggesting that its price would change rapidly in the near future.