Homonym: theta (Symbol)
Theta is a term used in various fields, including mathematics, finance, and physics. In mathematics, it often represents an angle in trigonometry, typically measured in degrees or radians. In finance, particularly in options trading, theta refers to the rate at which the price of an option decreases as it approaches its expiration date, indicating time decay.
In physics, theta can denote angular displacement or rotation in mechanics. It is commonly used in equations involving circular motion, where it helps describe the position of an object in relation to a reference point. Overall, theta serves as a versatile symbol across different disciplines.