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LSDefine

Simple English definitions for legal terms

intangible trade value

Read a random definition: SAPJ

A quick definition of intangible trade value:

Intangible trade value refers to the value of a company's ideas, information, and reputation that cannot be physically touched or seen. This includes things like patents, trademarks, and goodwill. Laws protect companies from others stealing or using their intangible trade values to compete unfairly.

A more thorough explanation:

Definition: Intangible trade value refers to the proprietary information, ideas, goodwill, and other nonphysical commercial assets of a business. It is a measure of the value of a company's intellectual property.

Examples: Examples of intangible trade value include a company's brand name, patents, trademarks, and copyrights. For instance, the Coca-Cola brand name is an intangible asset that has significant value in the market. Similarly, Apple's patents for its innovative products are intangible assets that contribute to the company's overall value.

Explanation: Intangible trade value is an essential aspect of a company's overall value. It includes assets that cannot be physically touched but are still valuable to the business. The examples illustrate how companies can create value through their intellectual property, which can be protected by law. For instance, patents protect a company's innovative ideas from being copied by competitors, giving the company a competitive advantage in the market.

intangible trade property | in tantum

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powerscaling Law School deans up next
11:19
Election Day election day
Write in Dean Z vote
11:20
Saw a guy that wrote in Biden and he said no retirement for you buddy
1a2b3c4d26z
11:20
@ClockworkBlue: god I hope that's true
if the country was run the same as Mich Law it would be a better place
Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."
imagine if it was like Berkley applications
1a2b3c4d26z
11:22
Election status: Complete
1a2b3c4d26z
11:22
For months
triplethread
11:23
erection day
soapy
11:23
Shoutout to Robinhood's election bet not resolving until January
triplethread
11:23
is anyone else like certain that trump will win
ambitiouslizard
11:23
he aint winning
triplethread
11:23
i like being a pessimist
ambitiouslizard
11:24
he lost his re-election, why would he win this one?
1a2b3c4d26z
11:25
I have no idea why people have so much beef w berkeley's app
I've been reading a bit about "herding," which is this idea that pollsters are making the race look tied so they look right no matter who wins.
1a2b3c4d26z
11:26
Like... it's a more involved app but you don't have to do it? They're clearly trying to have some self-selection go on
I 100% agree with the self selection, I also am not even close to touching the medians there. However I think the huge PS plus the video and especially the very specific criteria for the why Berkeley essay is pretty crazy
I'm curious, how bold can one be in those videos? Is it worth making a satirical Jason Statham-action short if the adcoms have no sense of humor?
the more risk you take the higher chance of it backfiring
my instinct would be low humor bc if they have such a complex application I would feel hesitant to use a major part of it as a joke. They clearly take their admissions seriously and a joke video might convey the wrong thing at the wrong time. I think that humor is best put into a PS anecdote where it adds some shine to your personality
safe is always better
All good points
triplethread
11:34
@TheAdoptedOne: amazing
I almost did one for Vanderbilt and my idea was to do a documentary-style vid where I and others talked about me like it was an ESPN 30 for 30.
1a2b3c4d26z
11:36
I was risky in maybe one or two of my essays in that some parts read as slightly humorous, but I really tried to suss out the vibe for each school. I feel like Berk and UMich may be more accommodating of a more "out there" approach than other schools I applied to
1a2b3c4d26z
11:37
but that's literally just going off vibes
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