Statuses are the actual states that an Opportunity document moves through in a pipeline.
A transaction can contain two types of statuses, a drop status and a pickup status. An Opportunity document is moved into the drop status when the events and conditions of a transaction have been completed. A pickup status takes the Opportunity document from the previous drop status and moves it through the next transaction. Negotiation and Won are examples of Opportunity statuses.
To view the status details of an Opportunity Fulfillment pipeline: