https://doi.org/10.1351/goldbook.P04711
The ease of distortion of the electron cloud of a molecular entity by an electric field (such as that due to the proximity of a charged reagent). It is experimentally measured as the ratio of induced dipole moment (\(\mu _{\mathrm{ind}}\)) to the field \(E\) which induces it: \[\alpha =\frac{\mu _{\rm{ind}}}{E}\] The units of \(\alpha \) are \(\rm{C}^{2}\ \rm{m}^{2}\ \rm{V}^{-1}\). In ordinary usage the term refers to the 'mean polarizability', i.e., the average over three rectilinear axes of the molecule. Polarizabilities in different directions (e.g. along the bond in $\ce{Cl2}$, called 'longitudinal polarizability', and in the direction perpendicular to the bond, called 'transverse polarizability') can be distinguished, at least in principle. Polarizability along the bond joining a substituent to the rest of the molecule is seen in certain modern theoretical approaches as a factor influencing chemical reactivity, etc., and parametrization thereof has been proposed.
See also: electric polarizability