English · Work & Business
minimum-viable-product
/ˈmɪn.ɪ.məm ˈvaɪ.ə.bəl ˈprɒd.ʌkt/
[/ˈmɪn.ɪ.məm ˈvaɪ.ə.bəl ˈprɒd.ʌkt/]
basic testable version
Advancednoun
Definition
The simplest version of a product that can be released to test an idea with users.
Example
They launched a minimum viable product to learn what features customers actually wanted.
They launched a minimum viable product to learn what features customers actually wanted.
Etymology
Coined by Frank Robinson and popularized by Eric Ries in the 2011 Lean Startup movement.
How & Where It’s Used
Used in startups and product development.