Trademark

Trademark,

Definition of Trademark:

  1. Distinctive design, graphics, logo, symbols, words, or any combination thereof that uniquely identifies a firm and/or its goods or services, guarantees the items genuineness, and gives it owner the legal rights to prevent the trademarks unauthorized use. A trademark must be (1) distinctive instead of descriptive, (2) affixed to the item sold, and (3) registered with the appropriate authority to obtain legal ownership and protection rights. Trademark rights are granted usually for 7 to 20 years and, unlike in case of patents, are renewable indefinitely. These rights are protected worldwide by international intellectual property treaties and may be assigned by their owner to other parties. Although a trademark has no limited term of existence, the rights to use it may be lost due to misuse or lack of use. Trademarks are divided into 42 international classes, each class representing similar goods or services. Whereas a trademark may be registered under multiple classes, it is protected only in the class(es) relevant to the business or trade area of the item. And, whereas the use of symbol TM does not provide any legal benefit, it precludes the infringers defense of lack of knowledge of a trademark claim. Costs incurred in design and registration of, and in defending, a trademark are usually amortized over the life the trademark or 40 years, whichever is shorter. In balance sheets, trademarks are identified as intangible assets and, in some cases such as Coca Cola Co., are far more valuable than the firms all other assets. The term trademark includes the associated term service mark (SM).

  2. A symbol, word, or words legally registered or established by use as representing a company or product.

  3. A trademark is a recognizable insignia, phrase, word, or symbol that denotes a specific product and legally differentiates it from all other products of its kind. A trademark exclusively identifies a product as belonging to a specific company and recognizes the company's ownership of the brand.

  4. Mark with or register as a trademark.

  5. Similar to a trademark, a service mark identifies and distinguishes the source of a service rather than a product, and the term “trademark” is often used to refer to both trademarks and service marks. Trademarks are generally considered a form of intellectual property.

Synonyms of Trademark

Logo, Emblem, Sign, Stamp, Symbol, Device, Badge, Crest, Insignia, Seal, Coat of arms, Shield, Motif, Hallmark, Mark, Figure, Monogram, Logotype, Colophon, Acknowledgment, Billhead, Book stamp, Bookplate, Brand, Broad arrow, By-line, Cachet, Certificate of invention, Check, Citation, Colophon, Confession, Copyright, Counterfoil, Countermark, Credit line, Docket, Government mark, Government stamp, Habit, Hallmark, Idiosyncrasy, Imprint, Label, Letterhead, Logo, Logotype, Mannerism, Masthead, Minauderie, Patent, Peculiar trait, Peculiarity, Plate, Price tag, Quirk, Reference, Registered trademark, Running head, Running title, Seal, Service mark, Sigil, Signature, Signet, Stamp, Sticker, Stub, Tag, Tally, Ticket, Title page, Token, Trade name, Trademark name, Tribute, Trick, Trick of behavior

How to use Trademark in a sentence?

  1. A trademark is an easily recognizable symbol, phrase, or word that denotes a specific product.
  2. She filed a request with the government to trademark her companys name.
  3. The executives were furious that their logo had been infringed upon so blatantly, and contacted their lawyers about suing to protect their valuable trademark .
  4. The author cites four key types of intellectual property: trademarks, copyrights, patents, and trade secrets.
  5. McDonalds golden arches is one of the most famous and recognizable trademark s in the entire world.
  6. It legally differentiates a product, or service, from all others of its kind, and recognizes the source company's ownership of the brand.
  7. After Johns frozen yogurt business began to take off, he sought to trademark his businesss slogan and logo for legal reasons.

Meaning of Trademark & Trademark Definition