What is patent?

Sai · 26 Jul 2026

A patent is a kind of intangible asset where the government gives you a special right to sell that Good exclusively whereas no other person can sell the same goods. For an example:- you invented a kind of chocolate and are willing to sell it. but it have different ingredients and you don't want other competitors to sell it so you by the patent and now that good is secure and you are only the person in the market who is going to sell that Good

Sai · 26 Jul 2026

A patent is a kind of intangible asset where the government gives you a special right to sell that Good exclusively whereas no other person can sell the same goods. For an example:- you invented a kind of chocolate and are willing to sell it. but it have different ingredients and you don't want other competitors to sell it so you by the patent and now that good is secure and you are only the person in the market who is going to sell that Good

Nitin · 23 Jul 2026

A patent is an exclusive legal right granted by a government to an inventor for a specific period.

Chethan · 22 Jul 2026

It's an intangible assets having monetary value less than of 10 years for a business

Varsha. · 22 Jul 2026

Patent is an intangible asset which has monetary value for bs for a specific period not more than 10yrs