Definition - What does Trademark mean?

A trademark is a word(s), design or logo that a company puts on its goods to label them as its own. Trademarks help customers identify different brands. Trademarks are exclusive and are legally enforceable. In other words, one company may not steal a trademark from another company.

Justipedia explains Trademark

It is also unlawful for one company to put the trademark of another company on its goods. The reason is because doing so would give the consumer the impression that the goods were made by one company when they were actually made by another. Lawsuits can arise over such circumstances. Certain brands and trademarks can increase the value of products because they are associated with quality. This is why some sellers attempt to steal the trademark of another company and use it for their goods.

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