Definition: A test debrief is a short session after testing where people share what they found, what they covered and what they learned. In a bug hunt it's also a chance to thank participants and summarise the results.
So what? Debriefs turn individual testing into shared knowledge. They surface patterns in what was found, gaps in what was covered and ideas for next time.
Examples: Ending a bug hunt by summarising the day's testing and awarding prizes. A tester talking through an exploratory session's findings with a developer.