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Viable. Definition. adjective. (1) Alive; capable of living, developing, or reproducing, as in a viable cell. (2) Able to live on its own or outside the uterus, used of an embryo, fetus or newborn. (3) Possible; practicable; capable of being done.
A minimum viable product (MVP) is the the most pared down version of a product that can still be released. An MVP has three key characteristics: 1  It has enough value that people are willing to use it or buy it initially.  It demonstrates enough future benefit to retain early adopters.