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Intellectual Property

Intellectual property refers to creations of the mind, such as inventions, literary and artistic works, and symbols, names, and images used in commerce. Intellectual property is protected by law, which allows the creators to control the use of their creations and prevent others from using them without permission. Continue Reading Below

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Encyclopedia Articles

Discover the definition of financial terms related to intellectual property.

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About Intellectual Property

Intellectual property refers to creations of the mind, such as inventions, literary and artistic works, and symbols, names, and images used in commerce. Intellectual property is protected by law, which allows the creators to control the use of their creations and prevent others from using them without permission. This helps to promote creativity and innovation by giving creators control over their work and the ability to profit from it.