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Patentee
A patentee is an individual or legal entity who holds the ownership rights of a patent, granted by the government, for an invention, providing exclusivity on its use, manufacture, and sale.
Reasonable Royalty
A payment determined by a court to be a fair compensation for the use of patented technology or work.
Patent Infringement
The unauthorized use, sale, or manufacturing of a patented invention without permission.
Protected Work
Protected work typically refers to creations such as art, literature, or inventions that are covered by copyright, patent, or trademark laws, preventing unauthorized use or reproduction.
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