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Term

Patent

Definition

A grant to the owner or assignee of the patent the right to exclude others from making, using or selling the invention for a term of twenty years from the date of the patent application. Provisional patents are typically filed as a “placeholder” for one year; non-provisional patents are examined and patents issued by the US Patent Office.

Attachments

Created at 1/25/2010 9:07 AM by Fetrow, John
Last modified at 1/25/2010 9:16 AM by Fetrow, John