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   Also found in: Dictionary/thesaurus, Medical, Financial, Acronyms, Encyclopedia, Wikipedia 0.01 sec.

beta

Pre-release version of a new software program still in development, which may be handed out to users for testing. The worst bugs are usually eliminated at the earlier alpha stage of development. Beta testers use the software to do real work and report any bugs or badly implemented features they find to the developers, who incorporate this information in refining the product for release. Organizations that assist with such testing are known as beta sites.

beta

Value that represents the risk associated with a share in relation to the risk of the equity market as a whole. A beta is a reflection of the volatility of return of a share for a 1% return from the whole market. The lower the value of the beta, the less risk there is associated with the stock. A beta greater than one means the rate of return required is greater and therefore the stock is riskier. Shares with a low beta are also known as defensive stocks.



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He caricatured the practice in the very form of his diction, as in the verse: '{Epsilon pi iota chi alpha rho eta nu / epsilon iota delta omicron nu / Mu alpha rho alpha theta omega nu alpha delta epsilon / Beta alpha delta iota zeta omicron nu tau alpha}, or, {omicron upsilon kappa / alpha nu / gamma / epsilon rho alpha mu epsilon nu omicron sigma / tau omicron nu / epsilon kappa epsilon iota nu omicron upsilon /epsilon lambda lambda epsilon beta omicron rho omicron nu}.
Standing at the beginning of British (and English) history, his name came to be applied to the whole of it, just as the first two Greek letters, alpha and beta, have given the name to the alphabet.
 
 
 
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