Economic Espionage Act

Definition:
A U.S. statute, adopted in 1996, which provides criminal penalties for the theft of trade secrets. The EEA makes it illegal to steal or fraudulently obtain trade secrets for the benefit of a foreign government, instrumentality, or agent and steal trade secrets that benefit "anyone other than the owner."

Good Will

Definition:
The value of a business or of a line of goods or services that reflects commercial reputation. A business with a well-established good will could see all of its tangible assets destroyed, yet still own its reputation, its good will.

Suggestive Mark

Definition:
A word, picture, or other symbol that suggests, but does not directly describe, something about the goods or services in connection with which it is used as a mark.

Watch List

Definition:
Official U.S. designation that describes the level of intellectual property problems in a given country; countries having some intellectual property problems -- but not serious enough to be placed on the "Priority Watch List".

Secondary Meaning

Definition:
A meaning for a trademark or service mark that customers associate with a particular brand of products or services. For trade symbols that are not inherently distinctive, distinctiveness must be acquired in order to be protected by a trademark or service mark.

Abandonment

Definition:
An application that has been declared abandoned is "dead" and no longer pending. Abandonment occurs under several circumstances. The most common reason is when the USPTO does not receive a response to an Office Action letter.

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