Intellectual Property Infringement Abatement Insurance,
Intellectual Property Infringement Abatement Insurance:
Coverage that pays policyholders legal costs when policyholders claim patents, trademarks or copyrights against the infringer. Since the purpose of this policy is to pay the legal fees required for the enforcement of intellectual property rights, there is no protection from harm to the insured as a result of the infringement (e.g., for the infringement of a valid patent). The reason for this view is that when enforcement action is taken against the offender, the loss is frequent, but not always.
Literal Meanings of Intellectual Property Infringement Abatement Insurance
Meanings of Intellectual:
Highly intelligent person.
As far as intellect is concerned.
Sentences of Intellectual
A great political and intellectual thinker
Children need intellectual stimulation
Synonyms of Intellectual
cerebral, scholar, intelligent person, learned person, thinker, bookworm, man of letters, highbrow, bookish person, sage, bluestocking, mental, brain, academic, cognitive, woman of letters
Meanings of Property:
Something or things that belong to someone.
Attribute, quality or attribute of something.
Sentences of Property
She wanted Oliver and his belongings to leave her home
Thermal properties to expand the metal at the same rate
Synonyms of Property
chattels, things, movables, belongings, possessions, mark, feature, attribute, stuff, worldly goods, goods, characteristic, quality, trait, personal effects, power, effects, hallmark
Meanings of Infringement:
Violation of legal provisions, agreements, etc.
Limiting or breaking something.
Sentences of Infringement
Violation of the right to privacy
Synonyms of Infringement
breaking, failure to observe, transgression, non-compliance, neglect, breach, violation, dereliction, non-observance, contravention
Meanings of Abatement:
(Usually in legal use) To close, shorten, or shorten something.
Sentences of Abatement
Synonyms of Abatement
ebb, cooling off, petering out, easing, decrease, lessening, dying out, waning, tapering off, dwindling, dying down, subsiding, moderation, relenting, dropping away, diminishing, easing off, fade, dropping off, weakening, tailing off, decline, desisting, dying away, declining, wane
Meanings of Insurance:
An exercise or arrangement under which a company or government agency guarantees compensation for a particular loss, injury, illness or death in exchange for a premium.
Something to avoid the possibility.
Sentences of Insurance
Maintaining a high standard of personal conduct is an excellent guarantee against personal problems.
Synonyms of Insurance
defence, preventive measure, safeguard, security, indemnification, financial protection, indemnity, protection, cover, safety measure, immunity, shelter, provision, precaution, surety