Trademark

Definition: a Trademark is a form of intellectual property. It is the legal term for a recognizable sign, design or expression which identifies products or services of a particular source from those of others. The T owner can be an individual, business organization, or any legal entity.
A T may be located on a package, a label, a voucher or on the product itself.
The owner of a trademark may pursue legal action against trademark infringement. Most countries require formal registration of a trademark as a precondition for pursuing this type of action.
A trademark may be designated in the following ways: ™ or ℠ or ®.
In business, a T is an intangible asset.

More on trademarks. More on intangible assets: Business Simulation, Copyright, Goodwill, Human Capital, Innovation Capital, more...