beta
1be·ta
noun \ˈbā-tə, chiefly British ˈbē-\Definition of BETA
1
: the 2d letter of the Greek alphabet — see alphabet table
2
3
: a measure of the risk potential of a stock or an investment portfolio expressed as a ratio of the stock's or portfolio's volatility to the volatility of the market as a whole
4
: a nearly complete prototype of a product (as software) <released in beta> <the beta version>
Examples of BETA
- a program that is currently in beta
Origin of BETA
Middle English betha, from Latin beta, from Greek bēta, of Semitic origin; akin to Hebrew bēth beth
First Known Use: 14th century
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