Examples of Priority & Severity

Types Of Defect	Example 1	Example 2
High Severity Low Priority	If you found that there is major crash in the functionality of the application but that particular module not to be released in this case priority is low but severity is high	A banking application which generate the weekly ,monthly ,yearly report .if there is fault calculating the yearly report. then this is high severity but low priority
High Severity High Priority	A Fashion Site maintain the customer details on the saving record if is doesn't allow to save record then this is high priority and high severity bug	A banking application which generate the weekly ,monthly, yearly report .if there is fault calculating the weekly report then this high severity & high priority because this fault block the functionality
Low Severity High Priority	Cosmetic Change is the Web site name and Found at time of delivery the Severity of the bug is low but priority is high because it affect the business.	If there is Spelling mistake or content issue on the homepage of a website which has daily hits of lakhs in this case the bug is not affecting the functionality but seeing the status and popularity of the website it is high priority for the business and low severity.
Low Severity Low Priority	If there is spelling mistake on the page which has not more hits then it is low severity low priority	If there is improper alignment of the page then it is low severity and low priority