Version Management Functional Area (Master Data Manager)
Applies to: 
SQL Server - Windows only
Azure SQL Managed Instance
In the Version Management functional area, administrators can validate data, review and reverse transactions, create versioned copies of data, and flag versions of data for subscribing systems. For more information about administrators, see Administrators (Master Data Services).
Versions
Versions (Master Data Services)
Commit a Version (Master Data Services)
Lock a Version (Master Data Services)
Change a Version Name (Master Data Services)
Copy a Version (Master Data Services)
Delete a Version (Master Data Services)
Version Flags
Create a Version Flag (Master Data Services)
Assign a Flag to a Version (Master Data Services)
Change a Version Flag Name (Master Data Services)
Validation
Business Rules (Master Data Services)
Validate a Version against Business Rules (Master Data Services)
Reverse a Transaction (Master Data Services)