Amortization refers to the process of reducing debt through periodic payments or the systematic write-off of intangible asset costs over a set period.
Intangible assets represent non-physical assets that hold significant financial value for a company. This article explores their definition, examples, accounting treatment, and related standards.
Patent infringement is the act of trespassing upon the rights secured by a patent. It is determined by whether the device in question performs substantially the same work in substantially the same way and accomplishes the same result as the patented device.
Patent warfare refers to the practice of utilizing multiple patents with varied expiration dates covering different aspects of the same invention, intending to block competition post the original patent's expiration.
