A beta version of a program, game etc… is an unfinished version released to either the public a select few or whoever signs up to beta test it for bugs or glitches (Source: Urban Dictionary) The focus of beta testing is reducing impacts to users The process of delivering a beta version to the users is called beta release and this is typically the first time that the software is available outside of the organization that developed it. (Source WikiPedia)
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Beta (UK // or US //; uppercase Β, lowercase β, or cursive ϐ; Ancient Greek: βῆτα bḗta or Modern Greek: βήτα víta) is the second letter of the Greek alphabet. In Ancient Greek, beta represented the voiced bilabial plosive /b/. In Modern Greek, it represents the voiced labiodental fricative /v/. Letters that arose from beta include the Roman letter ⟨B⟩ and the Cyrillic letters ⟨Б⟩ and ⟨В⟩.