Intellectual Property Legal Terms Glossary

Navigating Key Terms and Concepts in the World of IP Law with Precision and Clarity

glossary intellectual-property

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Intellectual Property

  • CopyrightThe exclusive legal right to reproduce, publish, sell, or distribute an original literary, artistic, or intellectual work.

  • Intellectual PropertyCreations of the mind, such as inventions, literary and artistic works, symbols, and names, that are protected by law.

  • PatentA legally-enforced right to exclusively make, use, and sell an invention for a limited time.

  • Public DomainWorks that are not protected by intellectual property rights and are freely available for public use.

  • RoyaltyA payment made to an intellectual property owner for the use or exploitation of their intellectual property rights.

  • TrademarkA legally registered symbol, word, phrase, or design that distinguishes a company's goods or services, protecting the brand identity in the marketplace.