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What is a proof of concept?

What is a proof of concept? Here are some definitions.

Noun
  1. A short and/or incomplete realization of a certain method or idea to demonstrate its feasibility.
  2. (software development, perhaps nonstandard) A proof of technology or pilot project.
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Examples
Major system and resource spending shouldn't be authorized without proof of concept.
Often the gap comes when you have the proof of concept in place but then have to take it to the market, which is often much more expensive work.
Its development will thus not be continued further after the end of this proof of concept study.
The scientific justification for the use of these animal models of disease to support safety and proof of concept for efficacy shall be provided.
The first, with a smaller version of the EUSO and a fairly weedy laser, would serve as a proof of concept.
This project acted as a proof of concept for the electronic filing approach previously described.

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