Infringement refers to the violation or overstepping of another individual's or entity's protected rights, including but not limited to intellectual property rights such as copyrights, patents, and trademarks.
Intellectual property (IP) refers to creations of the mind, such as inventions, literary and artistic works, designs, and symbols, names, and images used in commerce.
A patent is a legal grant of exclusive rights provided by a government authority to an inventor or their assignee for a new and useful invention. The patent grants the holder the right to exclude others from making, using, or selling the invention for a certain period of time.
A payment made for the right to use the property of another person for gain, often involving intellectual property or natural resources.
