A trademark is a type of intellectual property that consists of a distinctive sign, symbol, logo, design, word, phrase, or a combination of these, used by an individual, business organization or any legal entity to identify and distinguish its goods or services from those of others in the market.
A trademark helps the consumers to recognize and associate a particular brand or product with a particular source of origin. It is a valuable asset for any business as it helps to build a brand identity and reputation in the market.
The owner of a trademark has exclusive rights to use and protect the trademark, and can prevent others from using a similar or identical mark that may lead to confusion among consumers.
