patent

patent
the granting by a government of monopoly rights to the owner of an invention to manufacture and sell it for a certain number of years, conditional on the owner being willing to immediately reveal the ideas incorporated in the invention, so that they can be published for the advancement of knowledge of the general public. Glossary of Business Terms
————
The exclusive right to use documented intellectual property in producing or selling a particular product or using a process for a designated period of time. Bloomberg Financial Dictionary

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▪ I. patent pa‧tent 1 [ˈpeɪtnt, ˈpæ- ǁ ˈpæ-] noun [countable] LAW
1. a legal document giving a person or company the right to make or sell a new invention, product, or method of doing something and stating that no other person or company is allowed to do this:

• We believe our patent covers the actual commercial process used in making the new drug.

• alleged patent infringement (= breaking the law by using a product, idea etc without permission )

• McAfee hasfiled a patent (= making it official ) for delivering security software as a service over the Web.

2. patent pending also patent applied for used to say that someone has asked for a patent :

• Although the company has a patent pending on its product, it doesn't plan on keeping it.

  [m0] ▪ II. patent patent 2 verb [transitive] LAW
to obtain a patent, protecting the rights to make or sell a new invention, product, or method of doing something:

• The drug is owned and patented by Hoffmann-La Roche.

— patented adjective [only before a noun] :

• patented heat-transfer technology

• The easiest way to earn money from a patented invention is to license someone else to use it, and collect royalties.

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Ⅰ.
patent UK US /ˈpeɪtənt/, /ˈpætənt/ noun [C] LAW
► the legal right to be the only person or company to make or sell a product for a particular number of years, or a document that gives you this right: apply for/file/take out a patent »

Filing a patent is a long and expensive process.

 be awarded/granted a patent »

An American company was granted the patent last year.

 a patent on sth »

He expects to be awarded a patent on his invention later this month.

 a patent for sth »

The company has been granted a patent for a milk carton opener.

 »

The drugs are protected by patent.

 »

The lawsuit will continue even after the patent expires.

 »

a patent attorney/lawyer

 »

a patent application

● come/go off patent — Cf. go off patent
● patent pending — Cf. patent pending
Ⅱ.
patent UK US /ˈpeɪtənt/, /ˈpætənt/ verb [T] LAW
► to get the legal right to be the only person or company to make or sell a product for a particular number of years: patent a device/process »

The company has designed and patented a device which it claims will sharply reduce pollution emissions from older cars.

Ⅲ.
patent UK US /ˈpeɪtənt/, /ˈpætənt/ adjective
► LAW PATENTED(Cf. ↑patented)

Financial and business terms. 2012.

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Synonyms:
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Look at other dictionaries:

  • patent — pat·ent 1 / pat ənt3 also pāt / adj [Anglo French, from Latin patent patens, from present participle of patēre to be open] 1 a: open to public inspection see also letters patent at letter 2 …   Law dictionary

  • patent — patent, ente [ patɑ̃, ɑ̃t ] adj. • 1292 « lettre patente »; lat. patens, p. prés. de patere « être ouvert; être évident » 1 ♦ Vx Ouvert. Hist. Lettres patentes : décision royale, sous forme de lettre ouverte, accordant ordinairement une faveur à… …   Encyclopédie Universelle

  • Patent — Pat ent (p[a^]t ent or p[=a]t ent), a. [L. patens, entis, p. pr. of patere to be open: cf. F. patent. Cf. {Fathom}.] 1. Note: (Oftener pronounced p[=a]t ent in this sense) Open; expanded; evident; apparent; unconcealed; manifest; public;… …   The Collaborative International Dictionary of English

  • patent — [pat′ nt; ] for adj. 2 4 & 8 [ pāt′ nt, pat′ nt; ] Brit usually [ pāt′ nt] adj. [ME < MFr & L: MFr patent < L patens, prp. of patere, to be open: see PATELLA] 1. a) open to examination by the public: said of a document granting some right… …   English World dictionary

  • patent — pàtent (patȅnt) m <G mn nātā> DEFINICIJA 1. a. dokument, isprava koja potvrđuje isključivo pravo izumitelja na primjenu svoga izuma b. ono na što je dobiven takav dokument; sam izum, poboljšanje ili racionalizacija c. naročito udešen uređaj …   Hrvatski jezični portal

  • Patent — Pat ent, n. [Cf. F. patente. See {Patent}, a.] 1. A letter patent, or letters patent; an official document, issued by a sovereign power, conferring a right or privilege on some person or party. Specifically: (a) A writing securing to an invention …   The Collaborative International Dictionary of English

  • Patent — (Erfindungspatent, franz. brevet d invention, engl. patent; hierzu die Textbeilage: »Übersichtstafel der Patentgesetze der wichtigsten Staaten«), die Urkunde, durch welche die ausschließliche gewerbliche Verwertung einer neuen Erfindung für eine… …   Meyers Großes Konversations-Lexikon

  • Patent — Pat ent, v. t. [imp. & p. p. {Patented}; p. pr. & vb. n. {Patenting}.] To grant by patent; to make the subject of a patent; to secure or protect by patent; as, to patent an invention; to patent public lands. [1913 Webster] …   The Collaborative International Dictionary of English

  • Patent — Sn eine Urkunde über bestimmte Rechte erw. fach. (17. Jh.) Entlehnung. Entlehnt aus frz. patente f. Bestallungsbrief, Gewerbeschein , dieses eine gekürzte Substantivierung aus frz. lettre patente f. offener Brief , nach l. (littera) patēns f.… …   Etymologisches Wörterbuch der deutschen sprache

  • Patent — (v. lat.), 1) ein offener Brief, etwas zu beglaubigen; 2) obrigkeitliche schriftliche Bekanntmachung einer wichtigen Sache durch Anschläge, so der Besitzergreifung eines erledigten Thrones, eines abgetretenen Landes; 3) schriftliche Bestallung… …   Pierer's Universal-Lexikon

  • patent — {{/stl 13}}{{stl 8}}rz. mnż I, D. u, Mc. patentncie {{/stl 8}}{{stl 20}} {{/stl 20}}{{stl 12}}1. {{/stl 12}}{{stl 7}} dokument wydawany przez specjalnie powołany do tego urząd, stwierdzający oryginalność wynalazku i nadający jego autorowi prawo… …   Langenscheidt Polski wyjaśnień

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