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English definition of “industrial property”

industrial property

noun [C or U]
 
 
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)
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