Intellectual Property Infringement Abatement Insurance

Intellectual Property Infringement Abatement Insurance,

Intellectual Property Infringement Abatement Insurance:

  1. 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

Intellectual:

Meanings of Intellectual:
  1. Highly intelligent person.

  2. As far as intellect is concerned.

Sentences of Intellectual
  1. A great political and intellectual thinker

  2. 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

Property:

Meanings of Property:
  1. Something or things that belong to someone.

  2. Attribute, quality or attribute of something.

Sentences of Property
  1. She wanted Oliver and his belongings to leave her home

  2. 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

Infringement:

Meanings of Infringement:
  1. Violation of legal provisions, agreements, etc.

  2. Limiting or breaking something.

Sentences of Infringement
  1. Copyright infringement

  2. Violation of the right to privacy

Synonyms of Infringement

breaking, failure to observe, transgression, non-compliance, neglect, breach, violation, dereliction, non-observance, contravention

Abatement:

Meanings of Abatement:
  1. (Usually in legal use) To close, shorten, or shorten something.

Sentences of Abatement
  1. Noise reduction

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

Insurance:

Meanings of Insurance:
  1. 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.

  2. Something to avoid the possibility.

Sentences of Insurance
  1. 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

Intellectual Property Infringement Abatement Insurance,

What is Intellectual Property Infringement Abatement Insurance?

Intellectual Property Infringement Abatement Insurance means, Insurance coverage that pays a policyholder a legal fee if the policyholder enforces a patent, trademark or copyright infringement. Because the policy is intended to pay the legal fees required to enforce intellectual property rights, there is no insurance coverage for damages to the policyholder as a result of the infringement (e.g., a valid patent infringement). Loss of Profits Due to this request The reason is that this loss occurs often, but not always, in law enforcement action against violators.

Literal Meanings of Intellectual Property Infringement Abatement Insurance

Intellectual:

Meanings of Intellectual:
  1. In terms of intellect

  2. Someone with a highly developed intelligence.

Synonyms of Intellectual

boffin, prodigy, pandit, mastermind, gifted child, psychological, Brahmin, brainbox, polymath, pointy-head, bright spark, whizz, conceptual, expert, genius, phrenic, analytical, walking encyclopedia, brains, theoretical

Property:

Meanings of Property:
  1. An object or things belong to someone they collectively own.

Sentences of Property
  1. He wants Oliver and his belongings out of his apartment.

  2. Heat properties to increase the metal evenly.

Synonyms of Property

holdings, patrimony, capital, trek, personalty, fortune, securities, valuables, gear, goods and chattels, riches, assets, wealth, resources

Infringement:

Meanings of Infringement:
  1. Violation of legal provisions, agreements, breaches, etc.

  2. The act of restricting or destroying something.

Sentences of Infringement
  1. Violation of privacy rights.

Synonyms of Infringement

encroachment, erosion, curb, disruption, delict, check, disturbance, infraction, undermining, compromise, limitation

Abatement:

Meanings of Abatement:
  1. The act of stopping or drowning, falling or calming down.

Sentences of Abatement
  1. This trend does not show any signs of slowing down.

Synonyms of Abatement

reduction, palliation, attenuation, dropping off/away, dying down/away/out, deadening, soothing, mollification, mitigation, tempering, appeasement, lowering, assuagement, blunting, allaying, softening, alleviation, relief, easing (off)

Insurance:

Meanings of Insurance:
  1. An agreement in which a company or state guarantees compensation for certain losses, injuries, illnesses or deaths in exchange for a premium.

Sentences of Insurance
  1. Many new borrowers buy unemployment insurance or health insurance.

  2. Jacket hanging behind the seat, protected against air conditioning.

Synonyms of Insurance

guarantee, backstop, assurance, (financial) protection, warranty