Source : Webster's Revised Unabridged Dictionary (1913)

Version \Ver"sion\, n. [F., from L. vertere, versum, to turn, to
   change, to translate. See {Verse}.]
   1. A change of form, direction, or the like; transformation;
      conversion; turning.

            The version of air into water.        --Bacon.

   2. (Med.) A condition of the uterus in which its axis is
      deflected from its normal position without being bent upon
      itself. See {Anteversion}, and {Retroversion}.

   3. The act of translating, or rendering, from one language
      into another language.

   4. A translation; that which is rendered from another
      language; as, the Common, or Authorized, Version of the
      Scriptures (see under {Authorized}); the Septuagint
      Version of the Old Testament.

   5. An account or description from a particular point of view,
      especially as contrasted with another account; as, he gave
      another version of the affair.

Source : WordNet®

version
     n 1: an interpretation of a matter from a particular viewpoint;
          "his version of the fight was different from mine"
     2: something a little different from others of the same type;
        "an experimental version of the night fighter"; "an emery
        wheel is a modern variant of the grindstone"; "the boy is
        a younger edition of his father" [syn: {variant}, {variation},
         {edition}]
     3: a written work (as a novel) that has been recast in a new
        form; "the play is an adaptation of a short novel" [syn: {adaptation}]
     4: a written communication in a second language having the same
        meaning as the written communication in a first language
        [syn: {translation}, {interlingual rendition}, {rendering}]
     5: a mental representation of the meaning or significance of
        something [syn: {interpretation}, {reading}]
     6: manual turning of a fetus in the uterus (usually to aid
        delivery)

Source : Free On-Line Dictionary of Computing

version
     
         One of a sequence of copies of a program, each
        incorporating new modifications.  Each version is usually
        identified by a number, commonly of the form X.Y where X is
        the major version number and Y is the release number.
        Typically an increment in X (with Y reset to zero) signifies a
        substantial increase in the function of the program or a
        partial or total re-implementation, whereas Y increases each
        time the progam is changed in any way and re-released.
     
        Version numbers are useful so that the user can know if the
        program has changed ({bug}s have been fixed or new functions
        added) since he obtained his copy and the programmer can tell
        if a bug report relates to the current version.  It is thus
        always important to state the version when reporting bugs.
        Statements about compatibility between different software
        components should always say which versions they apply to.
     
        See {change management}.
     
        (1997-12-07)