intellectual property

noun

Definition of intellectual property

: property (such as an idea, invention, or process) that derives from the work of the mind or intellect also : an application, right, or registration relating to this

Examples of intellectual property in a Sentence

Any song that you write is your intellectual property.
Recent Examples on the Web Specifically, the legal departments at competing pharmaceutical firms will need to find acceptable ways to work together in co-designing and co-executing drug trials without compromising any company's intellectual property. Annette Bakker, Fortune, "COVID-19 could change clinical trials for the better," 12 Dec. 2020 Companies typically set up Delaware holding companies that can help them avoid state taxes, said Xuan-Thao Nguyen, an Indiana University law professor who studies intellectual property. Richard Rubin, WSJ, "Bob Dylan’s Catalog Sale Highlights a Tax Advantage for Songwriters," 11 Dec. 2020 One common way to do this is by licensing intellectual property to foreign subsidiaries. Owen Thomas, SFChronicle.com, "Cisco bends to Tech Chronicle’s demands and brings back RuPaul," 18 Nov. 2020 The bill is intended to cover deals in sectors such as defense and critical infrastructure, and will include provisions to protect sensitive intellectual property from foreign buyers. Alex Morales, Bloomberg.com, "U.K. to Publish Draft Security and Investment Law on Wednesday," 10 Nov. 2020 The area should not look like a paranoid place preoccupied over safeguarding intellectual property. Steven Litt, cleveland, "New Cleveland Foundation HQ part of bigger plan to uplift Midtown, Hough, city neighborhoods," 25 Oct. 2020 In January, China agreed to respect intellectual property, open its market to agricultural goods, and license American financial services providers, while committing to purchase $200 billion worth of U.S. goods. Lydia Depillis, ProPublica, "Robert Lighthizer Blew Up 60 Years of Trade Policy. Nobody Knows What Happens Next.," 13 Oct. 2020 The Chinese government agreed in January to protect American intellectual property, but similar promises have been made and broken before. Mike Watson, National Review, "Electric Cars: A Hill to Die On?," 5 Oct. 2020 For a while, the focus was on trade and protecting intellectual property, with both sides slapping tariffs on hundreds of billions of dollars in goods while government officials tried to negotiate new terms of engagement. Charles Riley And Julia Horowitz, CNN, "Trump approves TikTok deal. But big questions remain," 21 Sep. 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'intellectual property.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of intellectual property

1769, in the meaning defined above

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Time Traveler for intellectual property

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The first known use of intellectual property was in 1769

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Statistics for intellectual property

Last Updated

11 Jan 2021

Cite this Entry

“Intellectual property.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/intellectual%20property. Accessed 18 Jan. 2021.

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More Definitions for intellectual property

intellectual property

noun

English Language Learners Definition of intellectual property

law : something (such as an idea, invention, or process) that comes from a person's mind

intellectual property

Legal Definition of intellectual property

see property

More from Merriam-Webster on intellectual property

Britannica English: Translation of intellectual property for Arabic Speakers

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