What does each status in the master request mean?

QWhat does each status in the master request mean?

There are 5 statuses for Master requests.

1) Not Issued > Not yet submitted for approval

2) Issued > Submitted for approval but not yet approved; this includes partially approved if multiple approvals are needed

3) Approved > All items approved and master update is complete

4) Rejected > Some or all items are rejected by the approver; user can check the comments, modify the data, & re-issue the request

5) Cancelled > Master request was cancelled; master was not changed