Patentholder
Pronunciation: /ˈpætəntˈhoʊɫdɝ/
Patentholder (noun)
- A person or company that legally owns the rights given by a patent for an invention.
- The party with legal permission to allow others to make, use, or sell the patented invention.
Examples
- The patentholder owns patent rights for the new device.
- A patentholder can license the technology to other companies.