Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

intangible trade property

Read a random definition: rape shield statute

A quick definition of intangible trade property:

Intangible trade property refers to a company's valuable ideas, information, and reputation that cannot be physically touched or seen. This includes things like patents, trademarks, and copyrights. Laws protect these intangible assets from being stolen or used unfairly by others.

A more thorough explanation:

Intangible trade property refers to the proprietary information, ideas, goodwill, and other nonphysical commercial assets of an enterprise. It is also known as intangible asset or intangible trade value. Intellectual property is a type of intangible trade property.

For example, a company's brand name, logo, and reputation are all intangible trade properties. These assets are valuable to the company because they help to distinguish it from its competitors and attract customers. Another example is a patent, which is a legal protection for an invention or process that gives the owner exclusive rights to use and sell it.

The law of misappropriation provides some protection against the taking of intangible trade values to compete unfairly with their original owner. This means that if someone steals or copies a company's intangible trade property, the company can take legal action to protect its rights.

intangible thing | intangible trade value

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
LSD+ is ad-free, with DMs, discounts, case briefs & more.