Static testing is checking the application without actually running the application whereas dynamic testing checks the application by running it.

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Testing is process of verifying if the application matches requirements and reporting bugs; Testing is usually done by an independent testing team while debugging is a process of finding and fixing bugs with the intention of reducing bugs; Debugging is usually done by the programmer.

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A bug leakage results when a bug is detected which should have been detected in earlier builds/versions of the application.

A defect which exists during testing yet unfound by the tester which is eventually found by the tester/end-user is also called bug leakage.

A bug release is when a particular version of s/w is released with a set of known bug(s)/defect(s). These bugs are usually low severity and/or low priority bugs. It is done when the company can afford the existence of bug in the released s/w rather than the time/cost for fixing it in that particular version. These bugs are usually mentioned in the Release Notes.

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