TERM OF THE DAY AUGUST 24, 2016 patent
1. Limitedlegal monopolygrantedto an individualor firm to make, use, and sellits invention, and to exclude others from doing so. An invention is patentable if it is novel, useful, and non-obvious. To receivea patent, a patent applicationmust disclose all details of the invention so that others can use it to further advancethe technologywith new inventions. Patentable items fall under ... Read more
To protect an invention from being copied or stolen, it is beneficial to obtain a patentthat will prove original ownership and legal rights to the inventor.