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Regarding this, what does the F 1.4 mean?
A: The 1.4, 2 and 2.8 are apertures. Aperture is the opening of the lens and also the light gathering area. Aperture is measured by numbers called F stops like f/1.4 , f/2.8, f/4, and f/5.6. A lower number like 1.4 means there is more glass in the lens, more light coming in, and you pay more to own one.
Secondly, what does the F mean on a lens?
The f stands for F-stop. This is a measure of the light gathering ability of the lens. The larger the lens is (diameter) the more light can enter and hit the film plane.
An aperture is a lens opening through which light passes on its way to the sensor. It is expressed as a ratio of the focal length (that is what the "f" stands for) and really should be written f1:2.8 instead of just f2. 8. The number is just the size of the aperture compared with the focal length.