vera UK /ˈvɪəɹə/US /ˈvɪɹə/ noun2 •(slang) A skin (rolling paper for cigarettes).Has anybody got any veras? Lovely! — 1992 •A second-order measure of derivative price sensitivity, expressed as the rate of change of vega with respect to changes in the risk-free interest rate, or equivalently the rate of change of rho with respect to changes in the volatility of the underlying asset. formsveras