proprietary interest

proprietary interest definition - business

proprietary interest

Partial or complete ownership of something. For example, an inventor has a proprietary interest in an invention that has been licensed under a royalty arrangement to a manufacturer.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.