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What does intellectual property mean?

Looking for the meaning or definition of the word intellectual property? Here's what it means.

Noun
  1. (uncountable) Any product of someone's intellect that has commercial value: a piece of literature, a painting, an invention, a trademark a trade secret, etc. Works protected under intellectual property law, and accorded intellectual property rights such as copyrights and patents.
  2. (countable) Any individual work that is protected under intellectual property law.
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Because intellectual property issues involve legalities constructed by those in power, people are forced to play by those rules.
Other problematic areas include intellectual property rights, trademarks and data protection.
This was the author's, or whosever to whom authors assigned their intellectual property.
It led her to buy the intellectual property rights to the food waste decomposer and the company's Singapore units.
Mr. Iyengar, who specialises in laws related to intellectual property rights, was aghast.
The technology is licensable intellectual property with an associated tool environment.

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