patent pool


patent pool
noun
1. : a pool or combination in which the agreements are enforced by centralized control of essential patent rights
2. : an arrangement of cross-licensing in which several patent owners join together to make individually held patents available to all members of the group

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patent pool,
an agreement between individuals or companies to share the exclusive rights to certain patents, often as a means of limiting the market or preventing normal competition.

Useful english dictionary. 2012.

Look at other dictionaries:

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