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HomeRecruitment GuideGlossary Terms A-ZIntellectual Property
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Intellectual Property

Intellectual property refers to any ideas or knowledge that have value in the marketplace. This can include artistic works such as novels, songs or films. It can also include a new invention or process created by a company. Trademarks, copyrights and patents can be filed on certain items so that the person holding the recognition earns some form of financial compensation. Intellectual property can also include the name of businesses and trade secrets. In the event that someone has imitated or infringed on an individual’s or company’s IP, a lawsuit can be filed in order to try to receive damages.

Related Terms

  • Trademark
  • Patent
  • Copyright
 

Legal Disclaimer

The content on our website is only meant to provide general information and is not legal advice. We make our best efforts to make sure the information is accurate, but we cannot guarantee it. Do not rely on the content as legal advice. For assistance with legal problems or for a legal inquiry please contact you attorney.

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