patent pool

noun

1
: a pool or combination in which the agreements are enforced by centralized control of essential patent rights
2
: an arrangement of cross-licensing in which several patent owners join together to make individually held patents available to all members of the group

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Dictionary Entries Near patent pool

Cite this Entry

“Patent pool.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/patent%20pool. Accessed 3 Mar. 2024.

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