beta

/ˈbeɪtə/
adjective
  1. Relating to the second version of something, especially a test version of software.
    • We are using beta software that is still being improved.
    • He joined the beta program to try the app early.
    • The beta release includes new features for testing.
noun
  1. The second letter of the Greek alphabet (Β, β).
    • The symbol beta is used in mathematics to represent an angle.
    • The fraternity's name starts with a beta.
    • In the Greek alphabet, alpha comes before beta.
  2. A version of a product, especially software, that is released for testing before the final version.
    • The beta had several bugs that were fixed before launch.
    • The company released the beta of its new app for user feedback.
    • I signed up to test the beta version of the video game.
  3. A measure of the risk or volatility of a stock compared to the overall market.
    • A stock with a beta of 1.5 is more volatile than the market.
    • The beta for that fund is very low, meaning it's stable.
    • Investors look at beta to assess risk.
What does "beta" mean? | whatsthatwordmean | whatsthatwordmean