What does trademark mean in simple words?
Frequently referred to as a ‚badge of origin‘, a trademark is a distinctive sign – usually a word or a symbol – that distinguishes your goods and services in the marketplace and helps consumers to identify them. Usually a trademark is an image or word(s), but not always.
What does a trademark name mean?
The term trademark refers to a recognizable insignia, phrase, word, or symbol that denotes a specific product and legally differentiates it from all other products of its kind. A trademark exclusively identifies a product as belonging to a specific company and recognizes the company’s ownership of the brand.
What are examples of trademark?
Almost anything can be a trademark if it indicates the source of your goods and services. It could be a word, slogan, design, or combination of these….Some standard character examples include:
- Coca-Cola®
- Under Armour®
- Twitter®
- It’s finger lickin‘ good! ®
- Just do it®
- America runs on Dunkin’®
What are the 3 types of trademarks?
Different Types of Trademarks
- Descriptive Trademarks;
- Merely Descriptive Trademarks;
- Generic Trademarks;
Is a trademark necessary?
It does not matter whether you’re selling products or services under your business‘ logo and name — a trademark can be essential. If you’re conducting operations as a business, you should be looking into whether or not you should be registering a trademark before doing so.
Do I really need to trademark my logo?
Anyone whose logo identifies a business or profession should seriously consider trademark protection. Once you establish your trademark, the legal mark lasts forever. Just make sure to keep up with registration renewals at the five and ten year marks.
What happens if someone trademarks your business name?
If the other business has a trademark, the current owner can infringe upon this legal protection by using the same company name. If there is a trademark in place for his or her company and someone else created a new entity with the same name, this owner can pursue a legal claim and contact a lawyer for a legal remedy.
Is Coca Cola a trademark?
The Coca-Cola Corp owns the trademark to the name Coca-Cola, as well as the trademark on the bottle shape, and the graphic representation of their name. These are all things that help distinguish them from other cola brands and define their individual product. Coca-Cola also owns the patent on their formula.
Is slogan a trademark?
In Rebook India Company v Gomzi Active, the Karnataka High Court provided standards for slogans to qualify for protection under Trademarks Act, 1999. Hence, even though a slogan is registered as a trademark, it could attract absolute exclusivity due to the benefit provided under Section 30 (2)(a).
Why are trademarks so valuable?
A trademarked name marks all of your products and services as yours and no one else’s and can also protect you from counterfeit products. Trademarks provide protection for both businesses and consumers, making them an important part of running a successful company.
What happens if you don’t have a trademark?
If you do not register your trademark, you will have legal rights only within the geographic areas where you operate. This means you may be able to stop a subsequent user of the mark, even if it is a bigger company, from using the mark in your geographic area only.
What happens if you don’t trademark?