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A patent is the grant of a property right to the inventor, issued by the Patent and Trademark Office. The term of a new patent is usually 20 years from the date on which the application for the patent was filed in the United States. The right of a patent is the right to exclude others from making, using, offering for sale, or selling the invention in the United States. Basically, a patent gives the owner the right to a monopoly on the use and sell of the invention for a period of time.

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