Good Will

Definition:
The value of a business or of a line of goods or services that reflects commercial reputation. A business with a well-established good will could see all of its tangible assets destroyed, yet still own its reputation, its good will.

Patent

Definition:
In the United States, a grant by the federal government to an inventor of the right to exclude others from making, using, or selling the invention. There are three very different kinds of patents in the United States: a utility patent on the functional aspects of products and processes; a design patent on the ornamental design of useful objects; and a plant patent on a new variety of living plant. Patents do not protect "ideas," only structures and methods that apply technological concepts. In return for receiving the right to exclude others from a precisely defined scope of technology, industrial design, or plant variety, which is the gist of a patent, the inventor must fully disclose the details of the invention to the public.

Universal Copyright Convention

Definition:
The UCC was created in 1952 through UNESCO to provide an international multilateral copyright treaty; the UCC remains significant in the countries that are UCC but not Berne Union members.

Idea-Expression Dichotomy

Definition:
The fundamental rule of law that copyright does not protect an idea; copyright protects only specific expressions of an idea.

Author

Definition:
Either the real person who creates a copyrightable work or the employer, corporate or individual, of a person who creates a copyrightable work within the scope of employment, or in some circumstances, the commissioning party of certain specified types of works.

Trade Dress

Definition:
The totality of elements in which a product or service is packaged or presented, such as the shape and appearance of a product or container, or the cover of a book or magazine.

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