The legal right to the proceeds from, and Control over the use of, an invented product or process, granted for a fixed period of time, usually 20 years. Patent is one form of intellectual property that is subject of the TRIPS agreement.
Browse by Subjects
tangible book value
See All Related Terms »
12b-1 mutual fund
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):