Patent Terms Glossary
Substitute Patent Application
Definition:
An application which is in essence a duplicate of a prior (earlier filed) application by the same applicant abandoned before the filing of the substitute (later filed) application.
Term of patent
Definition:
The maximum number of years that the monopoly rights conferred by the grant of a patent may last.
ABM
Definition:
Activity based management - a management methodology that combines ABC with business process analysis techniques to run, improve and measure performance for a business.
Status
Definition:
The legal standing of a patent or patent application, i.e. whether it is pending, lapsed or still protected etc.
Practitioner
Definition:
One who stands for or acts on behalf of another. A patent attorney or patent agent may represent the inventors named in a patent application.
Basic Patent
Definition:
The first published patent
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