# ultima

> English word · Noun · IPA /ˈʌltɪmə/ · frequency rank #39,623

## Definitions
1. The final syllable of a word.
2. 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.

## Etymology
From the Latin feminine of ultimus (“last”).

## Easily confused with
- **ultra** (https://plainspell.com/en/vs/ultima-vs-ultra)
- **Utica** (https://plainspell.com/en/vs/ultima-vs-utica)
- **uptime** (https://plainspell.com/en/vs/ultima-vs-uptime)
- **ultimo** (https://plainspell.com/en/vs/ultima-vs-ultimo)
- **ultimate** (https://plainspell.com/en/vs/ultima-vs-ultimate)

## Common misspellings (8)
`lutima`, `ulitma`, `ulltima`, `ultiam`, `ultimma`, `ultmia`, `ulttima`, `utlima`

## Source
Compiled from Wiktionary via kaikki.org (CC BY-SA). Data vintage: 2026-05-06.
Canonical page: https://plainspell.com/en/word/ultima