Words / M / Business

minimum viable product

noun/ˈmɪnɪməm ˈvaɪəbl̩ ˈprɒdʌkt/

B1CEFR level
55/100Rarity: uncommon
TechnicalRegister

The most pared-down version of a product that can be released to test key assumptions with real users.

We shipped a rough minimum viable product in six weeks just to see if anyone would pay.

Similar: MVP

Topic: Advanced English in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Advanced English