17436c61___AccuRev___Producteev_by_Jive__Definition
[Agile Term] Product Owner [Definition] 
A role originating from Scrum, but has now been widely adopted independently of Scrum. A product owner manages the product backlog, addresses questions that arise during development and signs off on work results. The product owner guides the team with what should be done and when the final product should be shipped. The Scrum team then balances out the product owner’s decisions by deciding how much work should be involved in an individual sprint and estimating the amount of time necessary to complete the task.
Does anyone actually use agile development or at least heard of it? ;) Agile Glossary ^AccuRev - Producteev by Jive
Definition