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Today's Terms
Washington Treaty
Definition:
China was among the first countries to sign this treaty, but the United States and Japan did not sign it due to disagreements with compulsory licences, the treatment of innocent infringement, and the protection of designs when they are incorporated in industrial products.
License
Definition:
A permission to use an intellectual property right within a defined time, context, market line, or territory. A trademark or service mark can be validly licensed only if the licensor controls the nature and quality of the goods or services sold by the lic
Trademark
Definition:
Protect words, names, symbols, sounds, or colors that distinguish goods and services from those manufactured or sold by others and to indicate the source of the goods.
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