text: A cumulative or overall constant, given the symbol β, is the constant for the formation of a complex from reagents. For example, the cumulative constant for the formation of ML is given by
  The stepwise constants, K and K refer to the formation of the complexes one step at a time.
  It follows that
  A cumulative constant can always be expressed as the product of stepwise constants. Conversely, any stepwise constant can be expressed as a quotient of two or more overall constants. There is no agreed notation for stepwise constants, though a symbol such as K is sometimes found in the literature. It is good practice to specify each stability constant explicitly, as illustrated above.