What is patent?

Clear or obvious on the fact of it. // Limited legal monopoly granted to an individual or firm to ...

	Tuesday, March 3, 2015 patent   Term of the Day patent 1. Clear or obvious on the fact of it. 2. Limited legal monopoly granted to an individual or firm to make, use, and sell its invention, and to exclude others from doing so. An invention is patentable if it is novel, useful, and non-obvious. To receive a patent, a patent application must disclose all details of the invention so that others can use it to further advance the technology with new ... Learn more about this term Usage Example Have this lawyer help you patent your idea, if applicable, which is a time consuming and expensive process.   Featured Article Writing a Business Plan for Your Small Business As we all know by now, the success rate for small businesses in North America doesn't exactly offer a strong argument in the favor of the entrepreneurial ... Read this article   Voice Your Opinion What is your dream job?   Take us with you! Download the BusinessDictionary app today.
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