noun
- the second letter of the Greek alphabet
- a preliminary version of software or a product released for testing
- a measure of a stock’s volatility relative to the overall market
Usage: technology
Usage: finance
adjective
- being a preliminary or test version
Usage: technology
Examples
- Beta is the second letter after alpha in the Greek alphabet.
- The company released a beta version of the app to select users.
- We’re testing the beta software before the official launch.
- A stock with a beta of 1.5 is more volatile than the market average.
- The beta features may not work perfectly yet.
- Developers often use beta testing to find bugs.
- The beta coefficient helps investors assess risk.