Meaning of “industrial property” in the English Dictionary

"industrial property" in Business English

See all translations

industrial propertynoun [ C or U ]

uk us

LAW a company's patents (= legal rights to their inventions) and trademarks (= legal rights to the names and symbols on their products):

It is important that trade be conducted under conditions of respect for industrial property rights.

PROPERTY land and buildings used for industrial purposes:

the company's 78-acre industrial property

(Definition of “industrial property” from the Cambridge Business English Dictionary © Cambridge University Press)