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Beta: meaning, definitions and examples

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beta

 

[ หˆbeษชtษ™ ]

Noun
Context #1 | Noun

software testing

In software development, a beta version is a pre-release version of a software application that is provided to a selected group of users for testing purposes. The main goal of a beta version is to identify bugs or issues before the final release. Beta testing allows developers to obtain feedback on usability and functionality. It usually follows an alpha testing phase and is an essential part of the software development lifecycle.

Synonyms

pre-release, test version, trial version

Examples of usage

  • The beta version of the application was released to a group of testers.
  • After several weeks of beta testing, users provided valuable feedback that improved the app.
  • The game has entered beta, allowing players to try it before the official launch.
Context #2 | Noun

finance

In finance and investing, beta refers to a measure of the volatility or systematic risk of a security or portfolio in comparison to the market as a whole. A beta greater than one indicates that the security is more volatile than the market, while a beta less than one indicates that it is less volatile. This measure is used by investors to assess risk and make informed investment decisions.

Synonyms

market risk, risk measure, volatility measure

Examples of usage

  • The stock has a beta of 1.5, indicating it is more volatile than the market.
  • Investors often look at the beta coefficient to evaluate a portfolio's risk profile.
  • A low beta stock might appeal to conservative investors seeking stability.

Translations

Translations of the word "beta" in other languages:

๐Ÿ‡ต๐Ÿ‡น beta

๐Ÿ‡ฎ๐Ÿ‡ณ เคฌเฅ€เคŸเคพ

๐Ÿ‡ฉ๐Ÿ‡ช Beta

๐Ÿ‡ฎ๐Ÿ‡ฉ beta

๐Ÿ‡บ๐Ÿ‡ฆ ะฑะตั‚ะฐ

๐Ÿ‡ต๐Ÿ‡ฑ beta

๐Ÿ‡ฏ๐Ÿ‡ต ใƒ™ใƒผใ‚ฟ

๐Ÿ‡ซ๐Ÿ‡ท bรชta

๐Ÿ‡ช๐Ÿ‡ธ beta

๐Ÿ‡น๐Ÿ‡ท beta

๐Ÿ‡ฐ๐Ÿ‡ท ๋ฒ ํƒ€

๐Ÿ‡ธ๐Ÿ‡ฆ ุจูŠุชุง

๐Ÿ‡จ๐Ÿ‡ฟ beta

๐Ÿ‡ธ๐Ÿ‡ฐ beta

๐Ÿ‡จ๐Ÿ‡ณ ่ดๅก”

๐Ÿ‡ธ๐Ÿ‡ฎ beta

๐Ÿ‡ฎ๐Ÿ‡ธ beta

๐Ÿ‡ฐ๐Ÿ‡ฟ ะฑะตั‚ะฐ

๐Ÿ‡ฌ๐Ÿ‡ช แƒ‘แƒ”แƒขแƒ

๐Ÿ‡ฆ๐Ÿ‡ฟ beta

๐Ÿ‡ฒ๐Ÿ‡ฝ beta

Etymology

The term 'beta' originates from the Greek alphabet where it is the second letter, representing the second position in a given series. The use of 'beta' in a software context began in the early stages of software development, dating back to the 1950s and 1960s. It was used to denote a version of software that was beyond the alpha phase, which was a more alpha, preliminary version meant only for internal testing. The concept of beta testing became popular as software applications grew more complex, and it became essential to gather user feedback to improve products before they reached the broader market. Over time, 'beta' has also been adopted in other fields such as finance, where it is used to signify the relative risk of an investment compared to the market, illustrating its evolution in terminology across different disciplines.

Word Frequency Rank

At #7,182 in frequency, this word belongs to advanced vocabulary. It's less common than core vocabulary but important for sophisticated expression.