Meaning & use

industrial property

noun·Advancedlegalbusiness

Last updated

UK/ɪnˈdʌstriəl ˈprɒpəti/
US/ɪnˈdʌstriəl ˈprɑːpərti/

Meanings

  1. noununcountablelegalbusiness

    The legal category of rights that protect inventions, designs, trademarks, and similar business assets.

    Grammar: Used as a mass noun, like 'intellectual property'; no plural form.

    Patterns

    • industrial property rights
    • protection of industrial property
    • industrial property law

    The company hired a lawyer who specializes in industrial property.

    Industrial property rights can be sold or licensed just like other assets.

    The treaty covers both copyright and industrial property.

  2. noununcountablebusiness

    Buildings and land used for manufacturing or warehousing, considered as a type of real estate.

    Grammar: Also uncountable in this real-estate sense; contrast with 'residential property' or 'commercial property'.

    Patterns

    • industrial property market
    • invest in industrial property
    • industrial property development

    Demand for industrial property has risen near the port.

    They bought a large piece of industrial property outside the city.

    The fund invests mainly in industrial property.

Common combinations

industrial property rights
The firm registered its industrial property rights in three countries.
protection of industrial property
The new law strengthens the protection of industrial property.
industrial property law
She teaches industrial property law at the university.
industrial property market
The industrial property market cooled after interest rates rose.

Synonyms and how they differ

intellectual property
A broader term that also includes copyright and trade secrets; industrial property covers only patents, trademarks, and similar rights.

Commonly confused: industrial property or intellectual property?

industrial property vs intellectual property

Intellectual property is the wider category; industrial property is a subset that does not include copyright.

Practice

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