Priority
How soon a bug should be fixed, based on business needs.
Definition
Priority describes the urgency of fixing a bug, for example P1 (Highest) to P4 (Low), or simply high, medium and low. It is typically decided by the product owner or team lead, considering business impact, deadlines and how many users are affected. A low-severity bug can still be high priority.
In practice
The company logo is misspelled on the home page. Severity is low (nothing breaks), but priority is high because every visitor sees it.
Learn it in context
Lessons that use this term.