TeachMeFinance.com - explain Patent
patent -- in real estate, a patent is the original document issued for the purpose of granting public land to an individual.
Patent -- A grant by law of a privilege, property, or authority, to one or more individuals - including the grant to an inventor of the right to exclude others from making, using or selling the invention for a term of years.
About the author
Copyright © 2005 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.