PROPERTY

tontine

Tontine is an investment plan in which participants buy shares in a common fund and receive an annuity that increases every time a participant dies.

In simpler terms, tontine is an investment scheme in which the so-called...

Totten trust

A Totten trust is a bank account in the depositor’s name “as trustee for” a named beneficiary. A Totten trust can be revoked by: (1) the withdrawal of all money from the bank account; (2) if there is an express revocation in writing made...

toxic mold

Toxic mold is a term that is used to describe types of mold that are considered deadly to humans. Toxic mold encompasses hundreds of species of mold, a small fraction of which are not very harmful to the human body. Mold is a form of fungus...

trade dress

The design and shape of the materials in which a product is packaged. Product configuration, the design and shape of the product itself, may also be considered a form of trade dress.

The Lanham Act protects trade dress if it serves the same...

trade fixture

Trade fixture is something attached to property rented by the lessee which they are entitled to take with them after the lease ends. Trade fixtures can be many things such as a machine or shelves which require the object to be fastened to the...

trade name

A type of mark used to identify a company, partnership, or business rather than goods or services. Trade names cannot be registered under the Lanham Act unless they actually function to identify the source of particular goods or services rather than...

trade secret

Overview

The Uniform Trade Secrets Act ("UTSA") is a piece of legislation created by the Uniform Law Commission (ULC), a non-profit organization. The USTA defines trade secrets and describes claims related to trade secrets. To date, 47 states and the...

trademark

Definition

A trademark is any word, name, symbol, or design, or any combination thereof, used in commerce to identify and distinguish the goods of one manufacturer or seller from those of another and to indicate the source of the goods. See 15 U.S...

trademark infringement

Overview

Trademark law protects a trademark owner's exclusive right to use a trademark when use of the mark by another would be likely to cause consumer confusion as to the source or origin of goods. Trademark law is a federal issue, and as such, the...

trademark registration

Trademark registration involves the establishment of rights in a mark based on legitimate use of the mark in commerce under the Lanham Act. Trademark registration with the United States Patent & Trademark Office (USPTO), while not...

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