patent right

noun

Definition of patent right 

: a right granted by letters patent especially : the exclusive right to an invention

Examples of patent right in a Sentence

Recent Examples on the Web

The case was really about the nature of patent rightsThe legal challenge to the IPR Process came from an oil company called Oil States Energy Services, which owns a patent on a method for securing a drilling tool to an oil well. Timothy B. Lee, Ars Technica, "Supreme Court upholds patent review process, dealing trolls a blow," 24 Apr. 2018 But at the same time, ZTE and other Chinese tech companies pay billions of dollars annually for high-tech US parts and patent rights. Joe Mcdonald, The Christian Science Monitor, "US tariffs could spur tech development in China," 5 July 2018 Thanks to the tight control Edison exercised over patent rights, all but one of them had to pay license fees to use Edison’s movie cameras and other equipment. Longreads, "When the Movies Went West," 15 May 2018 While the argument was officially over the difference between the executive and judicial branch, this was really a dispute about the nature of patent rights. Timothy B. Lee, Ars Technica, "Supreme Court upholds patent review process, dealing trolls a blow," 24 Apr. 2018 Take Allergan, which has attracted bipartisan scrutiny for transferring patent rights for a drug to a Native American tribe in hopes of avoiding a legal challenge. Erin Mershon, STAT, "Congress loves shaming CEOs. So why hasn’t pharma been put on the hot seat?," 28 Mar. 2018 Adding to patients’ woes, pharmaceutical companies have extended patent rights on blockbuster drugs to limit competition. Sujata Srinivasan, courant.com, "Rising Rx Prices Forcing Critical Choices; States May Be Last Hope For Consumers," 21 Mar. 2018 One reason for early concerns about these post-grant procedures is that the invalidation rate appeared to be so high, patent rights seemed downright ephemeral. Rochelle C. Dreyfuss, Slate Magazine, "Should the Patent and Trademark Office Be Allowed to Change Its Mind?," 21 June 2017 Rohwedder’s seemingly booming business was affected by the Great Depression, and he was forced to sell his patent rights to a larger company, who kept him on as staff. Kat Eschner, Smithsonian, "Take a Look at the Patents Behind Sliced Bread," 7 July 2017

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'patent right.' 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 patent right

1792, in the meaning defined above

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The first known use of patent right was in 1792

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