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4 Results for Tag: patents

Patent

Patent What is a 'Patent' A patent is a government license that gives the holder exclusive rights to a process, design or new invention for a designated period of time. Applications for pa

Patent Cliff

DefinitionThe term patent cliff refers to the phenomenon of patent expiration dates and an abrupt drop in sales that follows for a group of products capturing high percentage of a market. Us

Generic Brand

DefinitionGeneric brands of consumer products are distinguished by the absence of a brand name. It is often inaccurate to describe these products as "lacking a brand name", as they usually a

Tangible Net Worth

Tangible Net Worth What is 'Tangible Net Worth' Tangible net worth is most commonly a calculation of the net worth of a company that excludes any value derived from intangible assets such
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