Term of the Day

corporate

Pertaining to corporations. Corporations are the most common formofbusiness organization, and one which is chartered by a state and given manylegal rights as an entity separate from its owners. This form of businessis characterized by the limited liability of its owners, the issuance of shares of easily transferable stock, and existence as a going concern. The process of becoming a
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Usage Example
A corporation without a system of corporate governance is often regarded as a body without a soul or conscience.
Notable Quotable
"Let us all be happy and live within our means, even if we have to borrow the money to do it with." -Artemus Ward
Term of the Day

patent

1. Clear or obvious on the fact of it. 
2. Limited legal monopoly granted to an individual or firm to make, use, andsell its invention, and to exclude others from doing so. An invention is patentable if it is novel, useful, and non-obvious. To receive a patent, apatent application must disclose all details of the invention so that others can use it to further advance the technology with new ...
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Usage Example
Have this lawyer help you patent your idea, if applicable, which is a time consuming and expensive process.