beta
adjective
uk/ˈbiːtə/ us/ˈbeɪtə/ IT
used to describe a product or system that is at the second stage of development and that is being tested by a few customers before it is offered for sale:
beta software
beta
noun [ C, usually singular ]
uk/ˈbiːtə/ us IT
→ beta version :
The beta is still being tested.
FINANCE, STOCK MARKET
→ beta coefficient :
Shares with a beta greater than one are more volatile than the market.
During the recent bull market, high beta shares substantially outperformed low beta shares.
Compare
alpha