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intellectual property

The definition of intellectual property is the creative product of the mind and its exclusive right to use by the developer may be legally protected.

(noun)

  1. An example of intellectual property is an invention.
  2. An example of intellectual property is the music of a song.

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See intellectual property in Webster's New World College Dictionary

something produced by the mind, of which the ownership or right to use may be legally protected by a copyright, patent, trademark, etc.

See intellectual property in American Heritage Dictionary 4

noun
A product of the intellect that has commercial value, including copyrighted property such as literary or artistic works, and ideational property, such as patents, appellations of origin, business methods, and industrial processes.

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