In my current company there isn\'t clear understanding between the test and development teams as to how severe a bug should be? There are arguments which go back and forth to re
One option is to have the product owner determine the priority of the bug. While there is some general intuition on how "bad" a bug is, it can be the responsibility of the owner of the product to set an order of precidence (i.e. bug A should be fixed before bug B etc...).
The more information (clear and concise) that can be provided to the product owner can assist that individual make those determinations (i.e. how many users have experienced the bug, what features are not available as a result of the bug, etc...)