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    Helpful Terms and Definitions

    Madrid Agreement

    Definition:
    The Madrid Agreement is designed to administer the international registration of trademarks; this system allows a trademark owner to have his/her mark protected in several countries by simply filing one application with a single office, in one language, with one set of fees in one currency.

    SIR

    Definition:
    a published statutory invention registration contains the specification and drawings of a regularly filed nonprovisional application for a patent without examination if the applicant waives the right to receive a patent on the invention.

    Abstract Of The Disclosure

    Definition:
    A concise statement of the technical disclosure including that which is new in the art to which the invention pertains.

    Activity Based Cost Accounting

    Definition:
    An accrual-based accounting method for determining unit-based costs of delivering services by allocating the costs to budgetary resources; it measures the performance and costs related to a specific activity or function.


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    Legal Disclaimer: The intention for this site is for marketing of local invention services. This is not
    a government site. The information provided on inventon.info is not intended to be legal or financial invention advice,
    but merely conveys general information related to invention and patent related issues commonly encountered. Please use our contact us page to get advice on official invention or patent issues from our law firm.

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