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patent
/pˈeɪtənt/
/ˈpætənt/
Patent
[NOUN]1
a formal document that gives someone the right to be the only one who makes, uses, or sells an invention or product for a limited amount of time
synonyms : patent of invention
Examples
1. Drug companies are locking horns in a legal battle over patents.
2. He was utterly amazed to learn that his invention had been patented.
3. The inventor who sold their patent for a large sum of money also had to give up the right to profit from the invention in the future.
4. Basically, patents are limiting the supply of these incredibly vital COVID-19 vaccines.
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