Patent vs Royalty - What's the difference?
patent | royalty |
A declaration issued by a government agency declaring someone the inventor of a new invention and having the privilege of stopping others from making, using or selling the claimed invention; a letter patent.
* {{quote-magazine, date=2013-06-08, volume=407, issue=8839, page=55, magazine=(The Economist)
, title= A specific grant of ownership of a piece of property; a land patent.
Patent leather]]: a [[varnish, varnished, high-gloss leather typically used for shoes and accessories.
To successfully register an invention with a government agency; to secure a letter patent.
* {{quote-magazine, date=2013-06-21, author=
, volume=189, issue=2, page=10, magazine=(The Guardian Weekly)
, title= (biology) open, unobstructed, expanded.
explicit and obvious.
(of flour) that is fine, and consists mostly of the inner part of the endosperm
Open; unconcealed; conspicuous.
* Motley
Open to public perusal; said of a document conferring some right or privilege.
Protected by a legal patent.
* Mortimer
The rank, status, power or authority of a monarch.
People of royal rank, plus their families, treated as a group.
A royal right or prerogative, such as the exploitation of a natural resource; the granting of such a right; payment received for such a right
The payment received by an owner of real property for exploitation of mineral rights on his property.
(by extension) payment made to a writer, composer, inventor etc for the sale or use of intellectual property, invention etc.
(poker, slang) A king and a queen as a starting hand in Texas hold 'em
As nouns the difference between patent and royalty
is that patent is a declaration issued by a government agency declaring someone the inventor of a new invention and having the privilege of stopping others from making, using or selling the claimed invention; a letter patent while royalty is the rank, status, power or authority of a monarch.As a verb patent
is to successfully register an invention with a government agency; to secure a letter patent.As an adjective patent
is open, unobstructed, expanded.patent
English
(wikipedia patent)Etymology 1
Short form of (etyl) lettre patente'', "open letter", from (etyl) ''littera patens .Noun
(en noun)Obama goes troll-hunting, passage=The solitary, lumbering trolls of Scandinavian mythology would sometimes be turned to stone by exposure to sunlight. Barack Obama is hoping that several measures announced on June 4th will have a similarly paralysing effect on their modern incarnation, the patent troll.}}
Verb
(en verb)Karen McVeigh
US rules human genes can't be patented, passage=The US supreme court has ruled unanimously that natural human genes cannot be patented , a decision that scientists and civil rights campaigners said removed a major barrier to patient care and medical innovation.}}
Etymology 2
From (etyl) patent, from (etyl), from (etyl) .Adjective
(en adjective)- That is a patent ductus arteriosus.
- Those claims are patent nonsense.
- He had received instructions, both patent and secret.
- letters patent
- a patent''' right; '''patent medicines
- Madder in King Charles the First's time, was made a patent commodity.
Derived terms
* patentlyAnagrams
* ----royalty
English
Noun
(royalties)References
* Weisenberg, Michael (2000)The Official Dictionary of Poker. MGI/Mike Caro University. ISBN 978-1880069523 ----