What Does Proprietary Mean In Law?

by | Last updated on January 24, 2024

, , , ,

Legal Definition of proprietary (Entry 2 of 2) 1a :

held as property of a private owner

. b : of, relating to, or characteristic of a proprietor proprietary rights. 2 : used, made, or marketed by one having the exclusive legal right a proprietary process.

What is an example of proprietary?

An example of something that would be described as proprietary is

the ownership interest you have in your possessions

. An example of something that would be described as proprietary are the patented drawings for a new product. Privately owned, as a business. A proprietary hospital.

What does a proprietary part mean?

Proprietary Parts means those

parts manufactured and/or branded by Workhorse and/

or available exclusively through Workhorse or its exclusive provider including, but not limited to, any form fitted motor gears, sensors, glass, paneling, power control, batteries and suspension parts.

What is another word for proprietary?


copyrighted


exclusive
named patented registered trademarked branded brand-named

What is a proprietary relationship?

Proprietary refers

to ownership or characteristics relating to ownership

. … It describes all the rights that the owner of property can exercise.

What are the advantages of proprietary components?

These programs usually include regular upgrades, technical support and a wide range of tools. They also

tend to be easier to use and provide greater functionality than open platforms

. These products belong to the individuals or companies that developed them. Their source code is not available to the public.

What does it mean if a product is proprietary?

Proprietary product means

a manufactured component or other product that is produced by a private person

. It may be protected by patent, trademark or copyright. … Proprietary product means a product that is managed, issued or sponsored by the Financial Institution or any of its Affiliates.

How do you use the word proprietary?

  1. The soft drink company uses it proprietary formula to exclusively make its best selling beverage.
  2. Because the company tried to steal our proprietary recipe, we took them to court.
  3. Wall Street hedge funds use proprietary algorithms to make the best trades for their clients.

What is the definition of proprietary knowledge?

Proprietary information, also known as a trade secret, is

information a company wishes to keep confidential

. … In some cases, the special knowledge and skills that an employee has learned on the job are considered to be a company’s proprietary information.

What is the opposite of proprietary?

Antonyms:

nonproprietary

, generic, unpatented. Synonyms: proprietorship.

What are proprietary systems?

A proprietary system is

a system which relies upon software and equipment which is licensed from a copyright holder

. Some examples include proprietary software, operating systems, and entire computer systems. … Many types of computers and electronics use proprietary systems.

What is the difference between confidential and proprietary?

As adjectives the difference between confidential and proprietary. is that

confidential is (meant to be) kept secret within a certain circle of persons

; not intended to be known publicly while proprietary is of or relating to property or ownership, as proprietary rights .

What is a proprietary concern?

When

a business owned by a person or co-owned by few persons we

may call it as Proprietary concerns. Full ownership & control of the business under this category remains with one or few individuals. The business or firm’s name does not have any legal status or existence.

What are the principles of proprietary estoppel?

What is proprietary estoppel? Proprietary estoppel is a

claim where a party claims a right to land belonging to another party

, in circumstances where the claimant has been led to believe, by a promise (by words or conduct) by the other party, that they have or can expect to be given an interest in the land.

How does a proprietary system work?

If software is proprietary, it means

its source code is kept secret

. The source code reveals how the product works, so by concealing it, developers prevent users from tampering with the product and competitors from stealing the ideas behind the source code and using it as inspiration for their own products.

Are examples of proprietary platforms?

Examples. Examples of proprietary software include

Microsoft Windows

, Adobe Flash Player, PS3 OS, iTunes, Adobe Photoshop, Google Earth, macOS (formerly Mac OS X and OS X), Skype, WinRAR, Oracle’s version of Java and some versions of Unix.

Amira Khan
Author
Amira Khan
Amira Khan is a philosopher and scholar of religion with a Ph.D. in philosophy and theology. Amira's expertise includes the history of philosophy and religion, ethics, and the philosophy of science. She is passionate about helping readers navigate complex philosophical and religious concepts in a clear and accessible way.