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Today's Terms
Madrid Protocol
Definition:
Is an international treaty that allows a trademark owner to seek registration in any of the countries that have joined the Madrid Protocol by filing a single application, called an “international application.”
Good Will
Definition:
The value of a business or of a line of goods or services that reflects commercial reputation. A business with a well-established good will could see all of its tangible assets destroyed, yet still own its reputation, its good will.
Contributory Infringement
Definition:
Indirect infringement of intellectual property rights in which one person contributes to the direct act of infringement of another.
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