water   Water is a gas when it is steam. It condenses to liquid, becoming water. It becomes solid when it freezes, and then becomes liquid again as it melts. The entire pro â¦ cess depends on temperature. The molecular structure of water does not change throughout all these changes.
Volatile Definition: Volatile refers to a substance that vaporizes readily. Volatility is a measure of how readily a substance vaporizes. By Anne Marie Helmenstine, Ph.D.
Rate this implied volatility definition... The implied volatility of an asset is an estimate of volatility, or rate of price change, for the asset. In mathematical finance, volatility is defined as the annualized standard deviation of daily price changes.