Meaning & Definition of word "Beta"

Beta

/ˈbeɪtə/

1. The second letter of the Greek alphabet (Β, β), often used to denote the second in a series.
- Example: The variable was assigned the value of beta to indicate it was the second in the series.
2. A version of software or a product that is still in the testing phase and not yet released to the general public.
- Example: I downloaded the beta version of the app to help identify bugs before its official release.
3. In finance, a measure of the volatility of a stock or portfolio in relation to the market as a whole.
- Example: The beta of the stock was calculated to determine its risk compared to the overall market.

1. Referring to a testing phase of a product, especially software, that comes before full release.
- Example: The beta features of the software are still being developed and may change before the final version.

●From Greek 'beta', the second letter of the Greek alphabet.

beta testing:

The process of testing a beta version of a product by users before its final release.

beta male:

A term often used in social dynamics to describe a man who is less assertive than an alpha male.

alpha:

The first version or a dominant individual in a social hierarchy.

gamma:

The third letter of the Greek alphabet, sometimes used in similar contexts.

Meaning: A submissive or less dominant male.

● Example Sentence: He's such a beta; he always lets his friends take charge.

Meaning: Someone who is overly cautious or indecisive.

● Example Sentence: Stop being a beta and just take the leap.