Definition, Meaning & Synonyms

patent-holder

Noun

ˈpætənt ˈhoʊldər

Definition

A patent-holder is an individual or organization that owns a patent for an invention or innovation, granting them exclusive rights to use, sell, or license the patented material.

Examples

As a patent-holder, she was able to license her invention to several companies.
The patent-holder was thrilled to see their technology being used in various applications.
After years of development, he finally became a patent-holder for his innovative water filtration system.

Meaning

Being a patent-holder means that you have the legal authority to control who can utilize your invention and how it can be commercialized, which is essential for commercial viability.