Patent
What is it? A legal monopoly, granted by the U.S. Patent and Trademark Office (PTO), for the use, manufacture and sale of an invention. Patents on useful devices, called utility patents, last for 20 years from the date the patent application was filed. Design patents last for 14 years from the date issued. And plant patents last for 17 years from the date issued.Added By: Sebastian
The Patent definition has been viewed 340 Time(s)!
Send To Friends!
If you'd like to send the Patent definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Patent. If you need any more information on this term, please don't hesitate to contact us.