Patent Definition - What is Patent?

Patent definition. Analyzing the definition of key term often provides more insight about concepts. Patent can be defined as: Exclusive right granted to its owner to produce and sell an item or to use a process for 17 years. A patent is an intangible asset that is the result of a law intended to encourage innovation.
Why Learn Accounting - Financial Accounting / Managerial Accounting
Why Learn Accounting - Accounting Beg...
101 Double Entry Accounting System Explained - Accounting Equation
Double Entry Accounting System Explai...
101 Cash vs Accrual - Cash Method / Accrual method differenc
101 Cash vs Accrual - Cash Method / A...
101 Revenue Recognition Principle
101 Revenue Recognition Principle
Double Entry Accounting System Explained - Balance Sheet
Double Entry Accounting System Explai...
101 Income Statement Introduction
101 Income Statement Introduction
101 Accounting Objectives - Relevance Reliability Comparability
101 Accounting Objectives - Relevance...
101 Transaction Rules - Accounting Equation
101 Transaction Rules - Accounting Eq...
101 Transaction Throught Process / Steps - Accounting Equation
101 Transaction Thought Process / Ste...
101 Owner Deposits Cash Transaction Accounting Equation
101 Owner Deposits Cash Transaction A...
101 Work Completed for Cash Transaction Accounting Equation
101 Work Completed for Cash Transacti...
100.110 Pay Employee with Cash Transaction Accounting Equati
100.110 Pay Employee with Cash Transa...
200 Debits & Credits Normal Balance - Double Entry Accounting Sy
200 Debits & Credits Normal Balance -...
200 Debits & Credits - One Rule to Rule Them All
200 Debits & Credits - One Rule to Ru...

• #education
• #patent
• #patent_definition
• #patent_defined
• #patent_explained
• #what_is_patent
• #describe_patent
• #accounting_term_patent
• #financial_accounting_term_patent
• #accounting_patent
• #financial_accounting_patent
• #accounting
• #financial_accounting