Acronyms Dictionary
IP
Definition
Intellectual Property. Intangible creations of the human intellect, such as inventions and artistic works.
Deep Dive
Intellectual Property (IP) refers to creations of the mind that have commercial value. It is protected by law through patents, copyrights, and trademarks, which enable people to earn recognition or financial benefit from what they invent or create.
Examples & Use Cases
- 1A pharmaceutical company filing a patent to protect their "IP" on a new drug
- 2An artist holding the copyright (IP) to their digital illustrations
- 3A tech startup ensuring all employee-written code is legally considered company IP
Related Terms
NDACopyrightPatent