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.

Synonyms
- patentee
- proprietor
- owner of a patent