| commerce |
the buying and selling of goods |
| compete |
to try to win or beat someone in a contest |
| consumer |
a person who buy goods |
| copyright |
legal protection given to music, books, works of art |
| corporation |
a large company |
| counterfeiting |
making fakes of designer merchandise |
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| distribute |
to hand out |
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| ecomomic |
having to do with the buying, selling, and using goods |
| enacted |
to pass into law |
| executive |
the branch of government that includes the President
and Cabinet |
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| filter |
to remove |
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| generic |
the common name for a product that is not a registered name |
| grant |
to allow or permit |
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|
| infringe |
to fail to obey the law |
| innovation |
a new idea or machine or process |
| intellectual property |
an idea for an invention or artwork coming from the human
mind |
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|
| legal |
protected or allowed by law |
| |
|
| monetary |
having to do with money |
| monopoly |
control over the supply |
| |
|
| patent |
a legal paper that grants the owner certain rights and protection |
| piracy |
the stealing of intellectual property |
| producer |
someone who makes a good |
| proprietary property |
property that belongs only to the owner |
| public domain |
previously protected property that now can be copied legally |
| |
|
| royalties |
money |
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| servicemark |
a registered mark on a service that is performed |
| |
|
| trademark |
a registered mark for a brand name |
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| unauthorized |
not allowed or permitted |
| utility |
use or usefulness |
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| valid |
true or legal |
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