05/07/2023 Financial & Legal Services
A trademark is a distinctive symbol, word, phrase, design, or combination thereof that identifies and distinguishes the goods or services of one party from those of others in the marketplace. It is a form of intellectual property protection that grants exclusive rights to the owner over the use of the mark in relation to specific goods or services.
Trademarks play a crucial role in branding and business identification. They serve as a means for consumers to recognize and associate products or services with a particular company or source. A strong trademark can help build brand reputation, establish consumer loyalty, and differentiate a business from its competitors.
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