patent

patent
The grant of an exclusive right to exploit an invention. In the UK patents are granted by the Crown through the Patent Office, which is part of the Department of Trade and Industry. An applicant for a patent (usually the inventor or the inventor's employer) must show that the invention is new, is not obvious, and is capable of industrial application. An expert known as a patent agent often prepares the application, which must describe the invention in considerable detail. The Patent Office publishes these details if it grants a patent. A patent remains valid for 20 years from the date of application (the priority date) provided that the person to whom it has been granted (the patentee) continues to pay the appropriate fees. During this time, the patentee may assign the patent or grant licences to use it. Such transactions are registered in a public register at the Patent Office. If anyone infringes the patentee's monopoly, the patentee may sue for an injunction and damages or an account of profits. However, a patent from the Patent Office gives exclusive rights in the UK only: the inventor must obtain a patent from the European Patent Office in Munich and patents in other foreign countries to protect the invention elsewhere. The European Patent Office has 30 member states and receives over 160,000 patent applications each year.
A patent is a form of intellectual property and as such is an intangible asset

Accounting dictionary. 2014.

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  • patent — pat·ent 1 / pat ənt3 also pāt / adj [Anglo French, from Latin patent patens, from present participle of patēre to be open] 1 a: open to public inspection see also letters patent at letter 2 …   Law dictionary

  • patent — patent, ente [ patɑ̃, ɑ̃t ] adj. • 1292 « lettre patente »; lat. patens, p. prés. de patere « être ouvert; être évident » 1 ♦ Vx Ouvert. Hist. Lettres patentes : décision royale, sous forme de lettre ouverte, accordant ordinairement une faveur à… …   Encyclopédie Universelle

  • Patent — Pat ent (p[a^]t ent or p[=a]t ent), a. [L. patens, entis, p. pr. of patere to be open: cf. F. patent. Cf. {Fathom}.] 1. Note: (Oftener pronounced p[=a]t ent in this sense) Open; expanded; evident; apparent; unconcealed; manifest; public;… …   The Collaborative International Dictionary of English

  • patent — [pat′ nt; ] for adj. 2 4 & 8 [ pāt′ nt, pat′ nt; ] Brit usually [ pāt′ nt] adj. [ME < MFr & L: MFr patent < L patens, prp. of patere, to be open: see PATELLA] 1. a) open to examination by the public: said of a document granting some right… …   English World dictionary

  • patent — pàtent (patȅnt) m <G mn nātā> DEFINICIJA 1. a. dokument, isprava koja potvrđuje isključivo pravo izumitelja na primjenu svoga izuma b. ono na što je dobiven takav dokument; sam izum, poboljšanje ili racionalizacija c. naročito udešen uređaj …   Hrvatski jezični portal

  • Patent — Pat ent, n. [Cf. F. patente. See {Patent}, a.] 1. A letter patent, or letters patent; an official document, issued by a sovereign power, conferring a right or privilege on some person or party. Specifically: (a) A writing securing to an invention …   The Collaborative International Dictionary of English

  • Patent — (Erfindungspatent, franz. brevet d invention, engl. patent; hierzu die Textbeilage: »Übersichtstafel der Patentgesetze der wichtigsten Staaten«), die Urkunde, durch welche die ausschließliche gewerbliche Verwertung einer neuen Erfindung für eine… …   Meyers Großes Konversations-Lexikon

  • Patent — Pat ent, v. t. [imp. & p. p. {Patented}; p. pr. & vb. n. {Patenting}.] To grant by patent; to make the subject of a patent; to secure or protect by patent; as, to patent an invention; to patent public lands. [1913 Webster] …   The Collaborative International Dictionary of English

  • Patent — Sn eine Urkunde über bestimmte Rechte erw. fach. (17. Jh.) Entlehnung. Entlehnt aus frz. patente f. Bestallungsbrief, Gewerbeschein , dieses eine gekürzte Substantivierung aus frz. lettre patente f. offener Brief , nach l. (littera) patēns f.… …   Etymologisches Wörterbuch der deutschen sprache

  • Patent — (v. lat.), 1) ein offener Brief, etwas zu beglaubigen; 2) obrigkeitliche schriftliche Bekanntmachung einer wichtigen Sache durch Anschläge, so der Besitzergreifung eines erledigten Thrones, eines abgetretenen Landes; 3) schriftliche Bestallung… …   Pierer's Universal-Lexikon

  • patent — {{/stl 13}}{{stl 8}}rz. mnż I, D. u, Mc. patentncie {{/stl 8}}{{stl 20}} {{/stl 20}}{{stl 12}}1. {{/stl 12}}{{stl 7}} dokument wydawany przez specjalnie powołany do tego urząd, stwierdzający oryginalność wynalazku i nadający jego autorowi prawo… …   Langenscheidt Polski wyjaśnień

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