PATENT DEED Meaning and
Definition
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A "patent deed" refers to a legal document that grants an exclusive right or monopoly to an inventor or their assignee to make, use, and sell their invention. It is a type of formal agreement that is recognized by the law and provides legal protection for the invention.
The patent deed is typically issued by a government authority, such as a patent office, after a thorough examination of the invention to determine its novelty, usefulness, and inventiveness. It contains detailed descriptions of the invention, its technical specifications, and any necessary drawings or diagrams.
The purpose of a patent deed is to secure intellectual property rights for the inventor, granting them the sole rights to produce, distribute, or license their invention for a specific period of time, typically 20 years from the date of application. During this time, the patent owner has the authority to enforce their exclusive rights and take legal action against any individual or entity that infringes on their patent.
By obtaining a patent deed, inventors can protect their creations from being copied or used without their permission, ensuring that they have a competitive advantage in the market. It also encourages innovation and technological advancements by providing inventors with the incentive to invest in research and development, knowing that they will have legal protection for their ideas.
Common Misspellings for PATENT DEED
- oatent deed
- latent deed
- -atent deed
- 0atent deed
- pztent deed
- pstent deed
- pwtent deed
- pqtent deed
- parent deed
- pafent deed
- pagent deed
- payent deed
- pa6ent deed
- pa5ent deed
- patwnt deed
- patsnt deed
- patdnt deed
- patrnt deed
- pat4nt deed
- pat3nt deed
Etymology of PATENT DEED
The term "patent deed" is a compound word consisting of two distinct terms - "patent" and "deed".
1. Patent: The word "patent" originates from the Latin word "patens", which means "lying open" or "exposed". In medieval Latin, it evolved to "patentia" meaning "open letter" or "public notice". The concept of granting exclusive rights or privileges can be traced back to medieval times when monarchs would issue letters patent to confer exclusive rights to individuals or groups for inventions, discoveries, or territories. Over time, the word "patent" came to encompass various legal protections and rights granted by the government.
2. Deed: The term "deed" comes from the Old English word "dēd", which means "act" or "doing".
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