English Reference

Word

vera

Phoneticsve·ra, stress on the first syllable

/ˈvɛɹə/

Definitions

01female name

A1 · Beginner Countable noun

n. a common female first name, originally from Russia.

n. a female given name of Russian origin, meaning 'faith'.

“Vera lived in the same house for over fifty years.”

“The protagonist, Vera, represents the stoic resilience often found in mid-century literature.”

02finance measure

C2 · Proficiency Uncountable noun Science Technical

n. a very technical way to measure how interest rates and price changes affect investments.

n. a second-order derivative sensitivity measuring the rate of change of vega with respect to the risk-free interest rate.

“The analyst looked at the vera to see how the interest rate might change the risk.”

“Advanced traders monitor vera to understand how shifts in the risk-free rate influence the volatility sensitivity of their options portfolio.”

Usage

Used primarily in quantitative finance and options trading.

03rolling paper

C2 · Proficiency Countable noun Slang · British English

n. a piece of paper used to make a cigarette.

n. a cigarette rolling paper; derived from Cockney rhyming slang 'Vera Lynn' for 'skin'.

“He asked his friend if he had a spare vera for his cigarette.”

“The old man at the pub reached into his pocket, searching for a vera to roll his tobacco.”

Teaching tip

This is very specific to London and older generations; most modern speakers will simply say 'skins' or 'papers'.

Synonyms

Etymology

Borrowed in the nineteenth century from the Russian virtue name Ве́ра (Véra, “faith”). By folk etymology it has also been explained as Latin vera (“true”).

From Spanish.

Etymology adapted from Wiktionary, available under CC BY-SA 4.0.

Domain

Finance

This entry

Exam level
CambridgeCambridgeCambridge English QualificationsThe exam suite from Cambridge University Press & Assessment, from A1 Movers up to C2 Proficiency. The benchmark names double as CEFR labels.C2 ProficiencyIELTSIELTSInternational English Language Testing SystemThe 0–9 band test co-owned by the British Council, IDP, and Cambridge. Used for university entry, work, and migration.8.5–9.0TOEFL iBTTOEFL iBTTest of English as a Foreign Language, Internet-Based TestETS's academic English test, the standard route for US university admissions. Scored 0–120, with a 1–6 scale since 2026.1–6 scale: 6.0114–120
Frequency
Frequent
Level
C2 · Proficiency
Updated

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English Reference