Simple definition
Legal rights relating to creations such as software, inventions, brands, and content.
Intellectual Property
What Does Intellectual Property Mean?
Legal rights relating to creations such as software, inventions, brands, and content.
Example in a contract
The agreement allocates intellectual property rights.
What intellectual property means in a contract
In a contract, this term should be read in the context of the surrounding clause, defined terms, cross-references, and governing law.
Why it may matter
Its practical effect depends on the exact wording and how it connects to the rights and obligations elsewhere in the agreement. Review the exact language rather than relying on the label alone.
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FAQ
Questions about intellectual property.
What does intellectual property mean in plain English?+
Legal rights relating to creations such as software, inventions, brands, and content.
Where might intellectual property appear in a contract?+
In a contract, this term should be read in the context of the surrounding clause, defined terms, cross-references, and governing law.
Is this definition legal advice?+
No. ClauseInsight provides concise informational explanations. The legal effect of a term depends on the complete document, facts, and applicable law.