l]
| 1. | apt or liable to vary or change; changeable: variable weather; variable moods. |
| 2. | capable of being varied or changed; alterable: a variable time limit for completion of a book. |
| 3. | inconstant; fickle: a variable lover. |
| 4. | having much variation or diversity. |
| 5. | Biology. deviating from the usual type, as a species or a specific character. |
| 6. | Astronomy. (of a star) changing in brightness. |
| 7. | Meteorology. (of wind) tending to change in direction. |
| 8. | Mathematics. having the nature or characteristics of a variable. |
| 9. | something that may or does vary; a variable feature or factor. |
| 10. | Mathematics, Computers.
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| 11. | Logic. (in the functional calculus) a symbol for an unspecified member of a class of things or statements. Compare bound variable, free variable. |
| 12. | Astronomy. variable star. |
| 13. | Meteorology.
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Variability
The possible range of outcomes for any given event.
Investopedia Commentary
Greater variability is associated with higher risk because it increases the amount of unknown possible outcomes. For example, an investment whose return experiences great changes has high variability. A security with a fixed rate of return, such as a Treasury bill, has little to no variability.
Related Links
Determining Risk And The Risk Pyramid
See also: Investment, Risk, Security, Treasury Bill, Volatility
variable
variable var·i·a·ble (vâr'ē-ə-bəl, vār'-)
adj.
Likely to change or vary; subject to variation; changeable.
Tending to deviate, as from a normal or recognized type; aberrant.
Having no fixed quantitative value.
Something that varies or that is prone to variation.
A quantity that is capable of assuming any of a set of values.
variable (vâr'ē-ə-bəl) Pronunciation Key
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