what is the life cycle of Defect

First initially its NEW, you reporting to your TL he will change the status as OPEN, Developers will receive the defect status, they have 4 options (Accept,Fix,Deffer,Reject).after receiving the developer if he accept that defect he will give status as Accept its just like acknowledgement,after that they will fix once they fix that status change to FIX ,Defer it is a defect they will fix in next build.Reject ,they are not accepting as a defect that.