ultima

noun

1. (countable)The final syllable of a word.
2. (uncountable)A third-order measure of derivative price sensitivity, expressed as the rate of change of vomma with respect to changes in the volatility of the underlying asset.

name

1. A town in the Rural City of Swan Hill, north western Victoria, Australia
2. The larger lobe of the trans-Neptunian object Ultima Thule, a contact binary object.

   “For the purposes of discussion, MU₆₉’s larger and smaller lobes have been informally designated “Ultima” and “Thule,” respectively, by the New Horizons team. Ultima and Thule have best-fit measured diameters of ~19.5 and ~14.2km, respectively, with errors of only a few percent at this time.”

   “Ultima and Thule have similar colors with measured albedos ∼0.06, indicating that UT is a typical member of the Cold Classical Kuiper Belt class of objects.”

3. Synonym of Baroque (“chess variant”).