Intellectual property definition is property such as an idea invention or process that derives from the work of the mind or intellect also an application right or registration relating to this how to use intellectual property in a sentence. Intellectual property ip refers to creations of the mind inventions literary and artistic works and symbols names images and designs used in commerce. The law of intellectual property can be seen as analogous to the law of tangible property in that both consist of a bundle of rights conferred upon the property owner however the law of intellectual property is separate and distinct from the law of tangible property. Intellectual property intangible rights protecting the products of human intelligence and creation such as copyrightable works patented inventions trademarks and trade secrets although largely governed by federal law state law also governs some aspects of intellectual property
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