Examlex
What is the difference between a program budget and a line-item budget? Is one more valuable to evaluating the effectiveness of government expenditures? Why?
Patent Application
A formal request for the rights to an invention, filed with a patent office.
Patent Infringement
The act of using, selling, or manufacturing a patented invention without permission from the patent holder.
Patent Issued
The grant of exclusive rights to an inventor by a sovereign authority, allowing them to exclude others from making, using, or selling their invention for a certain period.
Royalties
Payments made by one party (the licensee) to another (the licensor) for the use of the latter's property, usually intellectual property or natural resources.
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