English version

patent in Business basics topic

From Longman Dictionary of Contemporary Englishpatentpa‧tent1 /ˈpeɪtnt, ˈpæ- $ ˈpæ-/ noun  [countable, uncountable]BBSCL a special document that gives you the right to make or sell a new invention or product that no one else is allowed to copycopyrightpatent on/for He applied for a patent for a new method of removing paint. He wants to take out a patent on his new type of dustbin. The drugs are protected by patent.
Examples from the Corpus
patentHe had a patent and had earned millions of dollars in royalties.However, spilled milk and out-dated patents are two things equally useless, so I shall catch the late train tomorrow.The Megan and Morag experiments also enabled us to apply for patents.It is essential that any ideas and development work concerning a possible future patent application are kept absolutely secret and confidential.At about the time of the exhibition, it emerged that the firm was infringing the Medlock patent.The United States patent and trademark office has granted three patents to RiceTec of Texas.It is indoctrination Misguided pride leaves us impervious to any version of success that does not bear the patent of our system.patent on/forRoebuck was very interested in Watt's invention and suggested that he take out a patent for it.In 1884, Richards received a patent on a new type of bicycle.There are also patents on varieties of seeds and plants, as well as unusual genes and cell lines from indigenous peoples.Undaunted by this set-back, Nicholson successfully negotiated the rights to the Medlock patent for the considerable sum of £2000.In 1836 Baxter received a royal patent for his printing process.Bristol-Myers Squibb holds the patent on stavudine under the brand name Zerit.