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Today's Terms
Patent Pending
Definition:
They are used by a manufacturer or seller of an article to inform the public that an application for patent on that article is on file in the U.S. Patent and Trademark Office. The law imposes a fine on those who use these terms falsely to deceive the public.
Novelty and prior art
Definition:
A trade secret may be a device or process which is patentable; but it need not be that. It may be a device or process which is clearly anticipated in the prior art or one which is merely a mechanical improvement that a good mechanic can make. Novelty and invention are not requisite for a trade secret as they are for patentability. These requirements are essential to patentability because a patent protects against unlicensed use of the patented device or process even by one who discovers it properly through independent research.
WIPO
Definition:
World Intellectual Property Organization - One of the 16 specialized agencies of the United Nations system. WIPO is responsible for the promotion of the protection of intellectual property throughout the world.
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