Intellectual Property

Definition

Intellectual property refers to creations of the mind, such as inventions, artistic works, designs, symbols, and names that are protected by law.

Related terms

Copyright:

Copyright is a type of intellectual property protection that grants exclusive rights to the creator of an original work, such as a book or song.

Patent: A patent is another form of intellectual property protection that grants exclusive rights to inventors for their inventions or discoveries.

Trademark: A trademark is a symbol, word, or phrase used to identify and distinguish goods or services from others in the market. It provides legal protection against unauthorized use by competitors.