patent
noun
the exclusive right granted by a government to an inventor to manufacture, use, or sell an invention for a certain number of years.
Used to describe an ongoing action or state that is currently taking place in the immediate present.
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
The Atlantic’s Conor Friedersdorf calls Alexander’s new IronNet Cybersecurity firm an “unethical get-rich quick plan” because it will charge hundreds of thousands of dollars a month for “ new” technologies the firm is patenting.
From Forbes ● Sep. 10, 2014