See Also: Fanciful Terms (coined Terms)(law)
Coined Terms (Fanciful Terms)(law)
Terms(money)
Credit Terms(finance)
Direct terms(finance)
European terms(finance)
Indirect terms(finance)
Terms of delivery(finance)
Terms of sale(finance)
Terms of trade(finance)
Fanciful Terms (coined Terms) (law)
These are terms that are invented for the sole purpose of serving as trademarks. Examples include KODAK for photographic equipment, UNIX for a computer operating system, REEBOK for shoes, and XEROX for photocopying equipment. Coined marks receive the highest level of protection, because a coined word has no known meaning and therefore has no possible association with the good or service for which it is used. As a result, infringers of these marks are hard pressed to provide any plausible explanation for their use the mark, leaving the impression that the real reason was in fact a blatant attempt to trade off the goodwill generated by the owner of the trademark.
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